Author: Bhupesh Agrawal

BigMint’s Odisha iron ore fines (Fe 62%) index decreased by INR 150/t w-o-w to INR 4,950/t ($52/t) ex-mines. BigMint recorded approximately 300,000 t of iron ore transaction. Blast furnace (BF)-route rebar prices continued to soften this week, with trade-level (distributor-to-dealer) prices declining by INR 800/t ($8/t) w-o-w to INR 52,900/t ($556) exy-Mumbai. The following sheet…