Odisha based merchant miner – Essel Mining has raised iron ore lump offers by INR 300/t ($4) w.e.f tomorrow (23 Jul’20). Revised offers for 5-18mm (Fe 62%) from Koira mines stands at INR 3,700/t and for 10-30mm (Fe 63%) at INR 3,500/t ex-mines. Supply tightness in domestic market has resulted in hike in offers.
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