Tag: Jindal SAW Pellet Offers
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India: Jindal SAW cuts pellet offers by INR 300/t ($4/t)
Jindal SAW has reduced pellet (Fe63%) offers by INR 300/t ($4/t) to INR 11,300/t ($134/t) DAP Kandla on 25 Jun’24 with around 5,000 t deals at revised offers. The continuous drop in the domestic sponge and steel prices along with pressure from global fines offers have forced the plant to reduce the offers. Iron ore…