Odisha Mining Corporation’s (OMC) iron ore fines auction was held yesterday. Out of 1.62 mnt put on offer, only 6,35,000 t (39%) received bids. At miner’s iron ore lump auction, 462,000 t, or 41% of the total quantity of 11,37,000 t, received bids.
SteelMint’s daily sponge iron, CDRI, index was assessed at INR 35,900/tonne (t) (+ INR 350) exw Rourkela on 18 July, 2022. A significant improvement in spot trade was seen today compared to Saturday. Several deals were concluded today.
The below sheet summarises confirmed trades/offers of iron and steel products collected by SteelMint to help our users keep track of day-to-day trade dynamics.
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