Tag: India iron ore fines

Is Fe 62% iron ore the new benchmark for Indian steel-makers?

Jan 1, 2021

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by

Indranath Jha

in Fines/Lumps

Will Fe 62% become the new benchmark in iron ore, especially for the inventory emanating out of Odisha? SteelMint noticed supply of the high-grade Fe63% ore has dried up from the Odisha miners who are now habitually selling 62% or even 60-61%. However, NMDC is maintaining its fines at a minimum Fe 64% and the…