Author: Indranath Jha
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SteelMint: Odisha iron ore fines index rises post export duty revision
SteelMint’s weekly Odisha iron ore fines (Fe 62%) index has risen by INR 500/t to INR 3,900/t ex-mines (including royalty, DMF and NMET). Majority of Odisha-based miners have raised their offers post-roll back of export duties. Rationale: T1- One deal was reported for this week from Odisha trade therefore taken into consideration for the index…