Tag: Odisha iron ore fines index

India: Odisha iron ore fines index drops INR 200/t ($2.5/t) following weaker bids at OMC auction

Jan 18, 2025

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by

Ratiram Gurjar

in Fines/Lumps

Bids drop by INR 250/t m-o-m for both fines and lumps Export prices show some gains this week amid active trades BigMint’s Odisha iron ore fines (Fe 62%) index fell by INR 200/t ($2.5/t) w-o-w to INR 5,000/t ($58/t) ex-mines on 18 January 2025. Overall, around 200,000 t of iron ore (fines and lumps) deals…