Tag: Odisha iron ore miners

SteelMint: Odisha iron ore fines index down after soft response at OMC re-auction

Jul 24, 2021

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by

Indranath Jha

in Fines/Lumps

SteelMint’s weekly Odisha iron ore fines (Fe 62%) index decreased by INR 200/t to INR 9,200/t (ex-mines, including royalty, DMF and NMET). The index slipped around INR 200/t as against the assessment conducted last week. State-run Odisha Mining Corporation (OMC) held an auction for 689,000 t of iron ore fines this week, having had reduced…