Jindal SAW has decreased pellet offers today. The current offer for Fe 63% pellet stands at INR 10,000/t ($128/t) DAP Kandla compared to offers at INR 10,750/t ($138/t) heard in the beginning of Jun’22. Around 5,000 t of deals were recorded at INR 10,000/t recently. Declining offers in eastern and southern India resulted in the price cut, SteelMint notes.
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