Odisha’s merchant miner – Rungta Mines has raised iron ore fines offers, sources have reported SteelMint. Revised price for Fe 62% fines stands at INR 5,500/t ex-mines while that of Fe 60% fines offer at INR 4,500/t ex-mines basis (including royalty, DMF & NMET). Supply tightness and limited quantity of high-grade iron ore fines availability led to hike in offers.
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