Tag: Kandla iron ore pellet market

India: Jindal SAW reduces iron ore pellet offers by INR 300/t ($3/t) in Kandla

Aug 4, 2026

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by

Adarsh Sahu

in Pellets

Weak sponge iron demand drags Kandla offers lower Steel prices fall, price gap between pellets, lumps shrinks Jindal SAW recently reduced its iron ore pellet offers (Fe 63+/-0.5%) for the Kandla market by INR 300/t ($3) m-o-m to INR 11,300/t DAP, primarily due to subdued demand from sponge iron producers and easing raw material costs,…