“Domestic Iron ore lumps prices unlikely to fall”- Miners

Domestic iron ore lumps prices unlikely to fall from current levels said market sources.

” There is huge gap between supply and demand at the moment, supply is very restricted across India. We do not see prices to fall in near term.” said a miner based in Orissa.

Limited supply of iron ore lumps have made manufacturers to divert their purchases to iron pellets, said market participants.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *