Jindal SAW hiked its pellet (Fe 63%) offers by INR 300/t ($3.5/t) to INR 10,000/t ($117/t) DAP Kandla on 8 Jul’25, though no trades were reported. Prices increased, as the supply of imports was disrupted due to geopolitical tensions, and other domestic regions witnessed comparable prices. Chinese Fe 62% iron ore fines spot prices remained firm w-o-w at $95/t CFR on 7 Jul.
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