Wednesday, April 06,
Indian Iron ore fines prices fell by Rs 200-300/MT on higher transportation rates and export duty..*
After Indian railway hiked up the freight charges by Rs 600/MT and Govt had hiked up export duty to 20% on exports of Iron Ore few weeks back, have left miners with no option but to correct their prices.
Currently Iron ore fines of 62.5/63.5 grade being offered at Rs 2250-2500/MT Ex-mines basis Orissa.

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