Author: Indranath Jha

SteelMint: Odisha iron ore fines index rises INR 300/t on low merchant availability

Feb 25, 2023

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by

Indranath Jha

in Fines/Lumps

SteelMint’s weekly Odisha iron ore fines (Fe 62%) index stood at INR 5,700/t ex-mines, up by around INR 300/t. Post OMC iron ore auction, prices of the raw material has increased sharply on the back of low availability of high-grade fines in the market. As per sources, most of the small merchant miners have less…