India: Jindal SAW raises pellet offers by INR 1,000/t ($14)
Jindal SAW has further increased pellet offers by INR 1,000/t ($14) on 4 Oct'21. The current offer for Fe 63% pellet stands at INR 12,500/t DAP Kandla, SteelMint learnt from sources. The hike in pellet offers in eastern and southern India, following the sponge iron price rally, has resulted in an increase in offers by the company, SteelMint understands.