India: Chandrapur iron ore fines offers remain largely stable

  • Iron ore fines (0-10mm, Fe 63%) offers in Chandrapur, Maharashtra, increased by INR 100/t.
  • Current offers are at INR 5,500/t as against INR 5,400/t FOR Balharshah assessed on 26 Apr’24. Meanwhile, lumps offers remained stable at INR 9,100/t FOR Chandrapur.
  • NMDC’s iron ore price hike and increase in pellet prices have supported Chandrapur offers.