Tag: India iron ore

India: Odisha iron ore fines index falls to two-month low amid decreasing pellet prices

Nov 12, 2022

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by

Indranath Jha

in Fines/Lumps

SteelMint’s weekly Odisha iron ore fines (Fe 62%) index decreased by INR 100/t to INR 3,400/t ex-mines (including royalty, DMF and NMET). The index has fallen to nearly a two-month low, as per SteelMint data. The drop in pellets and sponge iron prices and recent iron ore import bookings have continued to weigh on the…