Tag: Indian Iron Ore Fines Prices

SteelMint: Odisha iron ore fines index falls INR 400/t on subdued bids

Aug 21, 2021

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by

Indranath Jha

in Fines/Lumps

SteelMint’s weekly Odisha iron ore fines (Fe 62%) index has moved down by around INR 400/t to INR 8,100/t (ex-mines, including royalty, DMF and NMET). Although the merchant miners haven’t revised their offers yet, market participants are expecting a sharp drop in offers in the coming days owing to declining global iron ore and domestic…