Odisha-based major merchant iron ore mine Serajuddin & Co. has revised material offers from its Balda iron ore block w.e.f 8th May’21. The current offer price for lumps 5-18 mm (Fe 63%) is heard at around INR 11,000/t ex-mines (including Royalty, DMF & NMET), SteelMint learned from sources. The offers have increased by INR 100/t against last week. Active bookings at previous offers and increased inquiries have resulted in hike in offers.
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