Tag: India iron ore
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SteelMint: Odisha iron ore fines index largely stable, market awaits OMC auction
SteelMint’s weekly Odisha iron ore fines (Fe 62%) index has remained largely stable at INR 3,450/t ex-mines. However, buyers are still not active in placing inquiries for iron ore given the pending deliveries of previous orders. They are waiting for OMC auction which is around the corner and where buyers are expecting some reduction in…