Tag: India iron ore prices
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SteelMint: Iron ore fines index stable, additional supplies to keep prices under pressure
SteelMint’s weekly index for Odisha iron ore fines (Fe 62%) has remained unchanged this week at INR 5,150/t (ex-mines, including Royalty, DMF & NMET). Miners have kept offers largely stable. However, additional supplies from OMC may result in lowering offers in the near term, SteelMint understands. In a confirmed trade reported this week from Steel…