- Iron ore fines (0-10 mm, Fe 63%) offers in Chandrapur, Maharashtra, rose by INR 550/t ($7/t) w-o-w to INR 6,000/t ($71/t) on 25 Oct’24 as against INR 5,450/t ($65/t) FOR Balharshah assessed on 18 Oct.
- Meanwhile, prices of lumps increased by INR 500/t ($6/t) to INR 9,750/t ($116/t) FOR Chandrapur.
- The active participation seen in OMC’s iron ore auction and NMDC’s latest price hike kept offers supported.
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