Serajuddin- Odisha’s major merchant iron ore mine has resumed iron ore fines offers from its Balda iron ore block. The current offer price for Fe 63% fines is heard at around INR 6,200/t ex-mines (including Royalty, DMF & NMET) with effect from 6 Apr’21. The offers have increased against its last offer of INR 5,200/t in end-Feb’21. The miner may also open lump offers in a week’s time, SteelMint understands.
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