Tag: Odisha index

SteelMint: Odisha iron ore index falls on improved supply, lower bids

Dec 18, 2021

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by

Indranath Jha

in Fines/Lumps

Domestic iron ore prices corrected downwards this week in recent deals on improved availability and lowering of bids. SteelMint’s weekly Odisha iron ore fines index (Fe 62%) has fallen sharply by INR 550/tonne (t), w-o-w, to INR 4,500/t ex-mines. Iron ore availability in Odisha had improved after the High Court of Odisha granted one month’s…