Tag: India iron ore prices

SteelMint: Odisha iron ore fines index falls INR 150/t on weak buying interest

Sep 4, 2021

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by

Indranath Jha

in Fines/Lumps

SteelMint’s weekly Odisha iron ore fines (Fe 62%) index has moved down by around INR 150/t to INR 6,750/t (ex-mines, including royalty, DMF and NMET). OMC had scheduled auctions for iron ore lumps and fines on 31 Aug’21. The auctions received dull participation with lots fetching bids close to the base price. The fines auction…