Tag: India iron ore price

SteelMint: Odisha iron ore fines index drops to nearly 2-year low on limited trade

Jun 18, 2022

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by

Indranath Jha

in Fines/Lumps

SteelMint’s weekly Odisha iron ore fines index (Fe 62%) fell further by INR 150/t w-o-w to INR 3,150/t ex-mines. With a few pellet makers having cut down their production capacity, iron ore fines bookings have remained slow. The index dropped to almost a two-year low amid restricted trade activities. Also, buyers seem to be awaiting…