Author: P Anjali
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SteelMint: Odisha iron ore fines index remains rangebound post OMC auctions
SteelMint’s weekly Odisha iron ore fines (Fe 62%) index stood at INR 5,400/t ex-mines. The state-owned miner, Odisha Mining Corporation (OMC), conducted an iron ore auction on 16 February, 2023. Out of 574,000 t of fines put up for auction, 559,000 t or 97% of the total quantity received bids. The bid price for fines…