Tag: Fines and lumps

SteelMint’s weekly Odisha iron ore fines (Fe 62%) index rose by INR 150/t to INR 5,400/tonne (t) ex-mines (including royalty, DMF and NMET). The market is trending upward due to the lack of high-grade raw material availability. However, limited deals were reported because of the decline in pellet and sponge iron prices this week. Rationale:…