Author: Ratiram Gurjar
-

India: Odisha iron ore fines index falls INR 100/t ($1/t) ahead of OMC auction
Pellet, sponge iron, steel prices under pressure Market awaits upcoming OMC iron ore auction scheduled next week Iron ore prices in Odisha remained under pressure this week as the domestic pellet, sponge iron and steel markets continued their downtrend. Market participants attribute this to a lack of confidence among steelmakers in procuring raw materials at…