Tag: India iron ore prices
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SteelMint: Odisha iron ore fines index falls marginally after OMC auction
SteelMint’s weekly Odisha iron ore fines index (Fe 62%) has moved down by around INR 150/t w-o-w, to INR 4,600/t ex-mines. Odisha Mining Corporation (OMC) had scheduled an iron ore fines auction on 15 Jan’22 in which out of a total of 1.175 mn t of material, 1 mn t (85%) received bids. Earlier, the…