An Odisha based miner has sold 500,000 t of iron ore fines (Fe 59-61%) recently, a credible source of SteelMint reported. The deal concluded was for the old stock lying at mines and was heard to have booked at INR 3,000/t ex-mines, including Royalty, DMF & NMET. It is to be noted that the Odisha govt granted a month’s relief to ex-lessees to clear out iron ore stocks till 31 Oct’20.
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