Tag: Odisha iron ore index price

India: BigMint’s Odisha iron ore fines index rises INR 600/t ($7/t) following OMC auction

Oct 19, 2024

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by

Ratiram Gurjar

in Fines/Lumps

Around 2 mnt iron ore receive bids in OMC auction Auction fetches an average premium of over INR 1,000/t m-o-m Other merchant miners yet to hike iron ore offers The eastern region is seeing a rise in raw material prices as demand edges up ahead of the festive season. Steelmakers are eager to restock as…