Jindal SAW increased its pellet (Fe 63%) offers by INR 300/t ($3/t) to INR 10,600/t ($119/t) DAP Kandla on 23 Sep’25. Meanwhile, around 15,000 t of pellet deals were recorded at revised price. The price hike is due to the surge in bookings for iron ore pellets from the west coast, easing local market pressure, favourable global prices and delays in higher-priced imported shipments.
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