Tag: India iron ore prices

SteelMint’s weekly Odisha iron ore fines index (Fe 62%) has edged down further by INR 150/tonne (t) w-o-w to INR 6,000/t ex-mines. Drop in pellet prices and the recent decline in sponge iron prices kept a majority of buyers away from making a new round of bookings for iron ore. Rationale: T1- Steel Authority of…