India: Chandrapur iron ore fines offers rise by INR 550/t

  • Iron ore fines (0-10mm, Fe 63%) offers in Chandrapur, Maharashtra, rose by INR 550/t, sources confirmed.
  • Current offers stand at INR 6,550/t as against INR 6,000/t FOR Balharshah assessed on 19 Jan’24. However, lumps offers stood stable at INR 9,100/t FOR Chandrapur.
  • NMDC’s recent iron ore price hike has pushed up Chandrapur offers, BigMint understands.