Author: Nidhi Awasthi

OMC reduces lump auction volumes amid monsoon disruptions Higher DRI prices support lump ore, pellet demand Lloyds Metals and Energy has raised its iron ore lump and pellet offers by INR 250/t in Chandrapur, Maharashtra, effective 20 August, as monsoon-related supply disruptions tighten availability of lump ore and stronger sponge iron realisations support procurement. Lump…