Tag: monsoon impact on iron ore

Limited offerings amid heavy monsoon tighten iron ore availability Sharp price hike raises raw material cost pressure on mills Odisha Mining Corporation (OMC) will auction 1.817 million tonnes (mnt) of iron ore on 19 September 2026, comprising 1.21 mnt of fines and 0.61 mnt of lumps. The miner has continued to keep the offered quantity…