Author: Indranath Jha
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Analysis: Indian Iron ore supplies to remain tight in short to medium term
The Odisha government beat market expectations with its efficient and timely auction of working iron ore mines lapsing on 31 March 2020. The transition foretold under the new MMDR 2015 however, did throw up some unexpected surprises — in the high premiums, ranging from 91-154% committed by players. SteelMint believes such unviable premiums will eventually…