Tag: IRON ORE

India: Odisha iron ore fines index holds steady w-o-w ahead of August OMC auction

Aug 14, 2026

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by

Vaibhav Dubey

in Fines/Lumps

Monsoon disruptions limit ore availability Weak downstream prices keep buyers cautious BigMint’s Odisha iron ore fines (Fe 62%) index remained unchanged w-o-w at INR 5,000/tonne (t) ($52/t) ex-mines on 14 August 2026. Limited spot activity and need-based procurement during the monsoon kept prices stable, while rain-related disruptions to mining led tightened material availability. Buying remained…