Tag: Odisha iron ore Index
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SteelMint: Odisha iron ore lump prices increase post OMC auctions, fines flat
Iron ore trade in Odisha has gained momentum following the active response received in the recent auctions by Odisha Mining Corporation (OMC) and SAIL. SteelMint’s weekly Odisha iron ore fines index (Fe 62%) has remained stable w-o-w at INR 5,900/t ex-mines. However, prices for 5-18mm (Fe 63%) increased by INR 10,250/t. Limited availability of high-grade…