Tag: Iron ore fines and lumps

SteelMint’s weekly Odisha iron ore fines index (Fe 62%) moved up further by INR 400/t, w-o-w, to INR 5,300/t ex-mines. Offers rose this week owing to limited high-grade material availability from the merchant miners who have largely exhausted their EC limits. Rationale: T1- Towards the middle of this week SAIL conducted an auction from the…