Major merchant miner Rungta mines has increased iron ore lump prices by, sources told SteelMint. Revised offers for iron ore lumps- 5-18mm, Fe 62% (screened*) – stand at INR 13,700/t, exw. Odisha iron ore prices have firmed up with a sharp hike in bids in OMC’s last auction, SteelMint notes. Rungta produced 10 mn t iron ore in FY’21.
*correction made from crushed to screened
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