Author: Indranath Jha
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Indian iron ore prices stable as trade activities improve
Iron ore prices in most of the Indian markets remained stable this week. SteelMint’s weekly Odisha iron ore fines (Fe 62%) index remained largely stable at INR 3,500/t ex-mines in the recent deals concluded. However, trade activities have witnessed an increase on lower inventories and less trades seen in the past few weeks. Rationale: T1-…