Author: Nidhi Awasthi
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India: Lloyds raise iron ore offers by INR 250/t ($2.5/t) in Chandrapur, Maharashtra
Monsoon disruptions tighten domestic material availability Firmer sponge iron and semi-finished steel prices support buying Lloyds Metals and Energy has increased its iron ore fines, lumps and pellet offers in Chandrapur, Maharashtra, effective 31 July, supported by improving domestic market fundamentals and tightening raw material availability during the monsoon. Iron ore fines (Fe 63%) offers…