Tag: Iron Ore Offers

SteelMint: Odisha iron ore fines index up INR 100/t, market awaits next round of auctions

Jul 30, 2022

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by

Indranath Jha

in Fines/Lumps

SteelMint’s weekly Odisha iron ore fines index (Fe 62%) moved up by around INR 100/t w-o-w to INR 3,650/t ex-mines. Due to seasonal constraints in raw materials and limited offers from merchant players, iron ore prices have remained supported despite limited trade volumes. As per sources, a deal for around 50,000 t of fines (Fe…