Tag: India iron ore

India: Odisha iron ore fines index edges down; global price drop lifts import inquiries

Oct 29, 2022

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by

Indranath Jha

in Fines/Lumps

SteelMint’s weekly Odisha iron ore fines (Fe 62%) index decreased to INR 3,600/t ex-mines (including royalty, DMF & NMET). The market has remained subdued with fewer trades heard. A few Odisha-based merchant miners lifted offers after active response seen in OMC’s auction conducted last week. However, no firm trade was reported at an increased offer…