Tag: Odisha iron or index

SteelMint’s weekly Odisha iron ore fines index (Fe 62%) increased by around INR 350/t w-o-w to INR 3,600/t ex-mines. Monsoons have resulted in limited merchant miners offering material this week, which has lent support to prices. On the other hand, market participants are eagerly waiting for the upcoming OMC auction scheduled next week for 2.41…