Tag: Odisha iron ore export index

India: Odisha iron ore fines index falls INR 200/t w-o-w on fragile downstream demand

Jul 20, 2024

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by

Ratiram Gurjar

in Fines/Lumps

Over 100,000 t of deals concluded in Odisha this week Market under pressure due to weak downstream demand Less-than-aggressive bidding observed in OMC’s ongoing auction BigMint’s Odisha iron ore fines (Fe 62%) index dropped by INR 200/tonne (t) w-o-w to INR 4,300/t ($50/t) ex-mines on 20 July, 2024. No Fe 62% fines deals were recorded…