India: Chandrapur’s iron ore offers remain firm w-o-w in recent deals

  • Iron ore fines (0-10 mm, Fe 63%) and lumps (5-18 mm, Fe 63%) offers in Chandrapur, Maharashtra, stood stable w-o-w at INR 5,600/t FOR Balharshah and INR 9,250/t FOR Chandrapur, respectively, on 20 Dec’24.
  • Deals for 120,000 t of fines were concluded at trade adjustment offers.
  • However, the market awaits NMDC’s price revision for further clarity.

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