Tag: India iron ore prices
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SteelMint: Odisha iron ore fines index inches up amid higher grade scarcity
SteelMint’s weekly Odisha iron ore fines (Fe 62%) index increased by INR 100/t to INR 3,500/t ex-mines. As per sources, the shortage prevailing for high grade ore and improved participation in OMC’s auction have pushed up prices slightly. Odisha Mining Corporation’s (OMC’s) iron ore fines auction received bids for 0.728 mnt, or 69% of the…