Author: Indranath Jha

SteelMint’s weekly Odisha iron ore fines index (Fe 62%) decreased by around INR 200/t w-o-w to INR 3,400/t ex-mines. Odisha Mining Corporation’s (OMC’s) iron ore fines auction was held yesterday. Out of 14,31,000 mnt put on offer, only 3,74,000 t (26%) received bids. In another auction of iron ore lumps yesterday, around 57% (542,000) out…