Odisha-based Serajuddin & Co. has resumed iron ore offers from its Balda iron ore block from today. The current provisional offer price for iron ore fines (Fe 63%) is heard at around INR 8,000/t ex-mines (including Royalty, DMF & NMET), SteelMint learned from sources. On 8 May’21, the miner raised lump (5-18 mm) offers by INR 100/t to INR 11,000 ex-mines. The miner produced 3.65 mn t ore in FY’21.
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