Jindal SAW has increased pellets (Fe63%) offers by INR 350/t to INR 11,100/t ($134/t) DAP Kandla. Around 30,000 t of deals were recorded at revised prices.
Global iron ore prices have risen by $4.65/t in last two weeks to $117.35/t as on 30 Dec’22. This coupled with rising pellets offers in nearby markets pushed up pellets prices in the Kandla region.
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