Tag: India iron ore prices

SteelMint’s weekly index for Odisha iron ore fines (Fe 62%) has moved down by INR 200/t to INR 7,600/t (ex-mines, including Royalty, DMF & NMET) in the recent deal concluded. However, there doesn’t seem a chance for any significant downward correction as material availability is still an issue, especially for high grade. Rationale: One deal…