Raipur-based pellet producers reduced their offers for Fe 63/63.5% (+/-0.5%) material by INR 400/t ($5/t) to INR 9,850-9,900/t ($112/t) exw towards the closing of last week.
India’s largest merchant iron ore mining company, NMDC, reduced its list prices of iron ore CLO (calibrated lump ore) and fines on 22 October 2025, BigMint learnt from sources. The miner has fixed prices of DR CLO (10-40 mm, Fe 67%) at INR 6,200/tonne (t) ($71/t) and of iron ore fines (-10 mm, Fe 64%) at INR 4,750/t ($54/t), a drop of INR 650/t ($7/t) and INR 500/t ($6/t), respectively.
The following sheet summarises confirmed trades /offers of iron and steel products collected by BigMint to help our users keep track of day-to-day trade dynamics.
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