Tag: Indian Sponge Iron Prices

Essar Steel and JSPL comments on Indian iron ore scenario. Major merchant miners in Odisha have recently announced price hike of INR 250/MT in lumps and INR 100/MT in fines. Fines (Fe 63%) prices are hovering around INR 1,200/MT ex-mines, inclusive of Royalty, DMF & NMET. It is expected that other miners may also follow…