India: Chandrapur iron ore offers remain stable w-o-w in recent deals

  • Iron ore fines (0-10 mm, Fe 63%) offers in Chandrapur, Maharashtra, remained stable w-o-w at INR 6,000/t FOR Balharshah on 8 Nov’24. Meanwhile, lumps (5-18 mm, Fe 63%) offers remained unchanged w-o-w at INR 9,750/t FOR Chandrapur.
  • Deals of 25,000 t of lumps and 125,000 t of fines were concluded at the current offers.
  • A hike in iron ore prices in nearby states and improved trades in sponge iron supported Chandrapur’s offers.

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