Tag: India iron ore fines

SteelMint: Odisha iron ore fines index up INR 250/t despite subdued trading

Jun 26, 2021

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by

Indranath Jha

in Fines/Lumps

SteelMint’s weekly index for Odisha iron ore fines (Fe 62%) is assessed at INR 9,400/t (ex-mines, including royalty, DMF and NMET). The index increased by around INR 250/t against the last assessment. Prevailing supply constraints in Odisha’s merchant iron ore market and evacuation issues faced by lessees are believed to have pushed up prices. Odisha-based…