Author: Indranath Jha
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SteelMint: Odisha iron ore fines index rises INR 200/t
SteelMint’s weekly Odisha iron ore fines (Fe 62%) index increased by INR 200/t to INR 5,550/t (ex-mines, including royalty, DMF and NMET) owing to tight availability of high-grade iron ore as well as the hike in iron ore pellet and semi-finished steel prices. Rationale: A solitary deal was recorded this week but not considered as…