Tag: Odisha Merchant Miners Iron Ore Offers

Iron ore lump bookings from Odisha by sponge manufacturers has remained slow, according to market sources report to SteelMint. Last week Serajuddin lowered iron ore lump offers by INR 300/MT. SteelMint’s assessment for 5-18mm (Fe 63%) stands at INR 3,700-3,900/MT (ex-mines). Few traders shared that bookings have remained slow. Amid steep decline sponge prices, market…