Tag: India iron ore prices

SteelMint’s weekly Odisha iron ore fines (Fe 62%) index fell sharply by another INR 700/tonne (t) to INR 5,050/t (ex-mine, including royalty, DMF and NMET). The index has fallen close to one-year low compared to INR 4,800/t since early-Nov’20. Lowering bids, falling pellet prices and expectations of price cut by Odisha based miners have resulted…