Tag: India iron ore prices
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SteelMint: Odisha iron ore fines index edges down as pellet, sponge iron prices fall
SteelMint’s weekly Odisha iron ore fines index (Fe 62%) has edged down further by INR 150/tonne (t) w-o-w to INR 6,150/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- No confirmed deal…