Jindal SAW has decreased pellet offers today. The current offer of Fe 63% pellet stands at INR 10,750/t ($139/t) DAP Kandla compared to offers of INR 11,250/t ($145/t) heard in the end of May’22. Around 5,000 t of deals were recorded at INR 10,750/t recently. Declining offers in eastern and southern India resulted in the price cut, SteelMint notes.
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