India: Jindal SAW raises iron ore pellet offers by INR 300/t ($3/t)
Jindal SAW has raised iron ore pellet (Fe63%) offers by INR 300/t ($3/t) to INR 10,600/t ($118/t) DAP Kandla, effective 07 Jan’26, amid strengthening downstream steel market and active trades have been heard so far at previous offers. Billet prices in Ahmadabad increased by INR 500/t ($6/t) w-o-w to INR 44,000/t ($489/t) DAP which has supported pellet prices in the region.
