Author: Nishtha Mukherjee

Global iron ore prices inched up $2/t. Leading global miner Rio Tinto has lowered its iron ore shipment guidance for CY’21 to 320-325 mn t against 325-340 mn t announced earlier due to labour-related issues. Spot billet prices in central India’s induction furnace steel market increased on active buying inquiries and the lowering of discounts…