Tag: Odisha iron ore fines index

India: Odisha iron ore fines index drops INR 100/t ($1/t) following revision in offers by miners

Jan 25, 2025

—

by

Ratiram Gurjar

in Fines/Lumps

Iron ore offers drop INR 200-300/t Buyers focus on Feb-Mar’25 inventory restocking Iron ore prices declined this week due to the revision in iron ore offers after a drop in Odisha OMC auction bids and a growing disparity between bid and offer prices in the domestic market. While need-based trades were concluded at revised offers,…