Tag: Jindal SAW Pellet Offers
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India: Jindal SAW cuts pellet offers by INR 200/t ($2.5/t)
Jindal SAW has decreased pellet (Fe63%) offers by INR 200/t ($2.5/t) to INR 11,600/t ($138/t) DAP Kandla on 20 Jun’24 with around 5,000 t deal at revised offers. The drop in the domestic sponge and steel commodity prices has forced the plant to reduce the offers. Iron ore (Fe62%) fines spot prices remained range-bound w-o-w…