Tag: India iron ore prices

SteelMint’s weekly Odisha iron ore fines (Fe 62%) index remained largely stable at INR 3,400/t ex-mines. However, buyers are waiting for Odisha Mining Corporation’s (OMC) auction, which is round the corner and market participants are expecting improved participation given the low level of stocks with plants. SteelMint data shows that closing (pithead) stocks of iron…