Tag: iron ore raw material prices
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India: Jindal SAW hikes iron ore pellet offers by INR 600/t ($6/t) in Kandla
Higher HRC, billet prices pull market upwards Healthy pellet demand lends support to offers Jindal SAW has raised its iron ore pellet offers (Fe 63±0.5%) for the Kandla market by INR 400/t ($4) m-o-m to INR 12,600/t DAP. The increase was driven mainly by healthy demand from sponge iron producers, higher raw material costs and…