Tag: Essel Mining Iron Ore Prices

India: Essel Mining Makes 3rd Iron Ore Price Cut in a Month; How will Prices be in Near Term?

Dec 19, 2018

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by

Indranath Jha

in Fines/Lumps

Odisha’s major merchant miner – Essel Mining and Industries have announced another price cut in iron ore recently. The miner has reduced iron ore prices by INR 400/MT (USD 5.6) in lump and INR 300/MT (USD 4) in fines w.e.f (17 Dec’18). This is for the third time in a month that they have reduced…