Author: Nidhi Awasthi
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India: Lloyds raises iron ore, pellet offers by up to INR 250/t
Monsoon disruptions tighten iron ore spot availability Stronger sponge iron realisations support raw material demand Lloyds Metals and Energy has raised iron ore fines offers by INR 150/t ($2/t) and pellet offers by INR 250/t ($3/t) in Chandrapur, Maharashtra, effective 1 October. The revision follows the miner’s previous increase in mid-September and reflects tighter ore…