India: JSW hikes iron ore lump offer by INR 600-900/t ($8-12)

JSW Steel has raised its iron ore lump offers by INR 600-900/t today. The current offer for Fe 10-40 mm (62%+ grade) lumps stands at INR 10,300/t ex-mines, SteelMint learned from sources. Offers have moved up amid a hike in prices announced by other miners last week like Serajuddin & Essel Mining on supply constraints.


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