Tag: India iron ore index
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SteelMint: Odisha iron ore fines index falls marginally
SteelMint’s weekly Odisha iron ore fines (Fe 62%) index decreased marginally by INR 100/t to INR 6,000/t (ex-mines, including royalty, DMF and NMET). OMC had scheduled an e-auction for iron ore fines on 2 Nov’21 for about 1.013 mn t. The auction had received bids for 70% (708,000 t) of the total material. The bids,…