Rungta Mines has increased iron ore fines price, trade sources have reported to SteelMint. Revised offers for Fe 62% fines from its Oraghat/Sanindpur Iron Mines stands at INR 4,250/t ex-mines, including Royalty, DMF & NMET. Amid tight material availability in Odisha’s merchant market, iron ore & pellet offers continue to increase. Notably, Essel has also announced a price hike in fines by INR 300/t.
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