Author: Indranath Jha
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India: Essel Mining cuts iron ore prices by up to INR 2,000/t ($27)
Odisha’s Essel Mining has lowered offers for iron ore offers by upto INR 2,000/t today. Prices of lump ore have moved down by INR 2,000/t and that of fines by INR 1,000/t, sources informed SteelMint. The revised offers: Fines (Fe 62%): INR 8,600/t Lumps (Fe 63%): INR 12,700/t Prices are ex-mines, including royalty, DMF and…