Monday, January 24,
Chinese buyers are reluctant even when 63.5/63 Fe cargo is being quoted at $188-189/MT and o deals are heard concluded. Very few buyers and sellers are being seen in the market as they head towards their festive season.
Orissa govt had stopped operations at 23 mines, but it will not affect the market as most of the mines based in Orissa have submitted the necessary documents and likely to start their operations very soon, probably by 28th Jan.” said an exporter based in Eastern part of India.
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