Author: Vaibhav Dubey
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India: BigMint Odisha iron ore fines index remains stable w-o-w with ongoing monsoon
Prices remain stable amid subdued monsoon demand Lower-grade supply disruptions and firm pellet demand provide support BigMint’s Odisha iron ore fines (Fe 62%) index remained unchanged w-o-w at INR 5,000/tonne (t) ($52/t) ex-mines on 8 August 2026. Market activity remained subdued amid the monsoon, with limited offers in market and procurement largely need-based. However, rainfall-related…