Rungta mines has increased iron ore fines prices by INR 1,000/t recently, sources have reported SteelMint. Revised offers for iron ore fines (Fe 62.5%) stands at INR 6,500/t (ex-mines, including Royalty, DMF & NMET). Material availability constraints have resulted in continuous price rise by Odisha miners. Essel mining yesterday reportedly raised iron ore fines price by INR 700/t.
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