Big miners in Odisha (India's largest iron ore producing state) have kept their iron ore lumps price unchanged for October, where as fines prices have been slashed by Rs 300/t.
Miners like Rungta and EMIL kept their offers unchanged before they cut their prices by Rs 300/t on 15th Sep 2012.
Demand for CLO has improved,where as reducing exports of iron fines have put pressure on fines prices said sources.Other medium and small miners also likely to keep offers unchanged.
Where as NMDC (India's largest iron ore producer), most likely to come out with October-December (3rd Quarter) prices on 8th October.
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