Tag: southern India iron ore sourcing

South India: Sponge Manufacturers Prefer Domestic Over Imported Iron Ore

Jan 30, 2017

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by

Nishtha Mukherjee

in Uncategorized

With one iron ore import vessel, southern India steel makers focused more on domestic iron ore/pellet sourcing in Jan’17. Base prices in Karnataka e-auctions increased in Jan’17- Base prices of NMDC Donimalai mines increased by INR 100-130/MT M-o-M. In Jan’17, base prices remained as follows – Lump (Fe 62.2%) – INR 2,397/MT and fines (Fe…