Serajuddin & Co. has resumed iron ore offers from Odisha. The merchant miner is offering Fe 60.5% fines at INR 4,200/t and Fe 59% fines at INR 3,400/t. Prices are inclusive of royalty, DMF and NMET. The High Court of Odisha has granted a month’s time to the ex-lessees of auctioned mines to lift their material, following which the miner has resumed offers.
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