Author: P Anjali
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SteelMint: Odisha iron ore fines index rises to over 8-month high
SteelMint’s weekly Odisha iron ore fines (Fe 62%) index rose by INR 250/t to INR 5,250/tonne (t) ex-mines (including royalty, DMF and NMET). The index rose to over an eight-month high. These levels were last seen in mid-May 2022. The hike in prices by the miners post-OMC’s auction amid availability of high-grade ore led to…