Author: Indranath Jha
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SteelMint: Odisha iron ore fines index remains supported in recent trade
SteelMint’s weekly Odisha iron ore fines (Fe 62%) index has remained unchanged at INR 4,500/tonne (t) ex-mines (including royalty, DMF and NMET). Market participants reported limited trade activities this week for high grade ore after active response seen in OMC and ESL auctions last week. However, deals for low grade fines continued to remain in…