Tag: Odisha iron ore Index

SteelMint: Odisha iron ore fines index stable; miners await auction results next week for clarity

Jul 16, 2022

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by

Indranath Jha

in Fines/Lumps

SteelMint’s weekly Odisha iron ore fines index (Fe 62%) remained stable w-o-w at INR 3,500/t ex-mines. Most of the miners are holding the same offer and are waiting for OMC and other private miners’ auctions which are scheduled to take place next week. However, State-run Odisha Mining Corporation (OMC) has decreased the base price for…