Tag: lloyds increased iron ore prices by INR 250/t

India: Lloyds raises iron ore offers by INR 250/t ($2.5/t), pellet offers by INR 500/t ($5/t)

Aug 31, 2026

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by

Nidhi Awasthi

in Fines/Lumps

Monsoon disruptions limit iron ore availability in market Pellet prices rise sharply on improved downstream demand Lloyds Metals and Energy has increased its iron ore lump and fines offers by INR 250/t ($2.5/t) and pellet offers by INR 500/t ($5/t) in Chandrapur, Maharashtra, effective 29 August. The hike was primarily driven by tightening availability of…