Author: Indranath Jha

SteelMint’s weekly Odisha iron ore fines (Fe 62%) index rose by INR 100/t to INR 5,000/tonne (t) ex-mines (including royalty, DMF and NMET). Post OMC auction, the market has started trending upward owing to the lack of high-grade raw material availability. Rationale: T1- Out of several deals in OMC, only two deals were recorded for…