Author: Indranath Jha

OMC conducted an auction for 1.807 mnt of iron ore fines (Fe 54-65%) on 21 May’24. Entire quantities of fines were booked at INR 4,220-6030/t. Bids for fines have increased by INR 300-1,000/t against the set base price, as per BigMint’s analysis. Active buying amid restocking before upcoming monsoons along with supportive sentiments from pellet,…