Odisha iron ore fines prices rose INR 100/t ($1/t) in the week ending. BigMints Odisha Fe 62% iron ore fines assessment remained around INR 5,100/tonne (t) ($54/t) ex-mines. Market participants reported limited price movement during the week, with buyers largely maintaining a wait-and-watch approach.
Despite logistical constraints and limited material availability in some areas, miners have largely maintained existing offers. However, the lack of strong spot demand is preventing sellers from pushing prices higher.
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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