Aditya Birla Group-owned – Essel Mining has announced hike in iron ore fines price by INR 500/t and lumps INR 700/t, trade sources have reported SteelMint. Amid tight material availability and hike in pellet offers in Odisha’s market led the prices increased. Revised offers for Fe 62% fines from Koira stands at INR 4,575/t ex-mines, including Royalty, DMF & NMET. The miner has raised iron ore prices thrice since last week of Oct’20.
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