BigMint’s Odisha iron ore fines (Fe 62%) index remained stable w-o-w at INR 4,900/t ($51-52/t) ex-mines. BigMint recorded deals for around 750,000 t of iron ore outside of auctions, concluded by steelmakers via traders and miners.
Pellet manufacturers in Raipur, Chhattisgarh, increased offers for Fe 62.5/63% (0.5%) grade pellets by INR 300/t ($3/t) to INR 9,600-9,700/t ($100-101/t) exw.
The following sheet summarises confirmed trades /offers of iron and steel products collected by BigMint to help our users keep track of day-to-day trade dynamics.
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