Tag: India iron ore prices

SteelMint’s weekly Odisha iron ore fines index (Fe 62%) moved up by INR 100/t, w-o-w, to INR 5,400/t ex-mines. Limited availability of high-grade material (Fe 62-63%) in the merchant market has led to rising premium for high-grade ore and the widening price gap with lower grades. A few merchant miners were even heard floating offers…