Tag: Odisha iron ore offers

India: BigMint’s Odisha iron ore fines index falls by INR 200/t ($2) w-o-w

Mar 2, 2024

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by

Ratiram Gurjar

in Fines/Lumps

Limited availability of high-grade fines Export demand subdued Market participants in wait-and-watch mode BigMint’s weekly Odisha iron ore fines (Fe 62%) index decreased by INR 200/t ($2) w-o-w to INR 5,250/t ($63) ex-mines on 2 March 2024. No deals of higher grade fines from merchant miners were heard, while pellet-makers remained cautious amid declining pellet…