Odisha-based major merchant iron ore mine Serajuddin & Co. has increased iron ore fines offers from its Balda iron ore block. The current offer price for Fe 63% fines is heard at around INR 6,700/t ex-mines (including Royalty, DMF & NMET). The offers have increased against its last offer of INR 6,200/t at the beginning of Apr’21. However, the miner is not seen offering lumps in the merchant market.
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