Author: Indranath Jha
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SteelMint: Odisha iron ore fines index stable amid slow trade
SteelMint’s weekly Odisha iron ore fines index (Fe 62%) remained stable w-o-w at INR 3,400/t ex-mines. No deals were reported in this week as market participants have not seen much interest in the current offers prevailing in the market. A drop in pellet and sponge offers have limited active bids for iron ore purchases, highlighted…