India:Domestic Iron Ore prices stable; margins squeezed on higher coal prices

Wednesday, 13 th April 

Domestic Iron ore prices remain unchanged for 10 days after Orissa miners slashed domestic lumps prices by up to Rs 700/MT..*

 

Though no significant buying was noticed from sponge manufacturers and blast furnaces.Industry experts say that rising coal prices in domestic market make iron ore prices still expensive and manufacturers are working on very thin margins.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *