Author: Vaibhav Dubey

India: Odisha iron ore fines index holds steady w-o-w as OMC auction fines bids remain flat m-o-m

Aug 22, 2026

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by

Vaibhav Dubey

in Fines/Lumps

OMC raises August base prices by INR 100-250/t Auction bids show limited change m-o-m BigMint’s Odisha iron ore fines (Fe 62%) index remained unchanged w-o-w at around INR 5,000/t ($52/t) ex-mines as of 22 August 2026. The index held steady despite higher base prices announced by Odisha Mining Corporation (OMC) for its August auction, as…