Jindal SAW Ltd has increased its pellet offer by INR 600/t. The current offer for Fe 63% grade pellets stands at INR 13,200/t DAP Kandla, SteelMint learned from sources. The company has a pellet plant of capacity 1.2 mn t pa in Bhilwara and is a key source of raw material to Gujarat-based plants. Tighter material availability for Mar’21 deliveries and hike in landed offers from other competitive markets have resulted in hike.
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