Tag: Indian iron ore offers

SteelMint: Odisha iron ore fines index rises as OMC cancels auction due to lower bids

Jul 17, 2021

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by

Indranath Jha

in Fines/Lumps

SteelMint’s weekly index for Odisha iron ore fines (Fe 62%) stands at INR 9,400/t (ex-mines, including royalty, DMF and NMET). The index increased by around INR 300/t compared with the assessment conducted last week. State PSU miner Odisha Mining Corporation (OMC) has decided to re-conduct the 1.06 mn t of iron ore fines e-auction held…