Tag: iron ore fines price India

India: Bids rise by INR 200/t m-o-m in OMC’s iron ore fines auction

Nov 20, 2025

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by

Adarsh Sahu

in Fines/Lumps

In OMC’s iron ore fines auction for 1.939 mnt (Fe 51-62%) on 19 Nov’25, around 1.929 mnt (99%) was booked at INR 2,500-5,900/t. The fines lots received a premium of INR 50-1,000/t over base prices. Bids (weighted average) rose marginally by INR 200/t m-o-m. Limited availability of fines and lack of offers from private miners…