- Iron ore fines (0-10 mm, Fe 63%) offers in Chandrapur, Maharashtra, remained firm w-o-w at INR 5,650/t ($66/t) FOR Balharshah on 16 May’25. Meanwhile, lumps were steady at INR 9,550/t ($112/t) FOR Chandrapur.
- A deal for 12,000 t of fines was concluded at the prevailing offers, sources informed BigMint.
- Market participants expect the upcoming OMC auction to provide greater clarity on pricing trends.
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