Author: Indranath Jha
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SteelMint: Odisha iron ore fines index stable post OMC auction
SteelMint’s weekly Odisha iron ore fines (Fe 62%) index remained stable at INR 5,700/t ex-mines. Apart from the auction conducted by state-owned miner, Orissa Mining Corporation (OMC), not much trades were heard. Owing to exhausting their environmental clearance (EC) limits led the availability issue keeping the iron ore offer firm from other miners in Odisha.…