Tag: Odisha iron ore offers

India: Odisha iron ore fines index drops to 1-month low post-OMC auction

Jun 22, 2024

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by

Ratiram Gurjar

in Fines/Lumps

OMC auction sells around 2.8 mnt (96%) iron ore Bids drop by around INR 1,000-1,100/t m-o-m Merchant miners to announce revised offers next week BigMint’s Odisha iron ore fines (Fe62%) index dropped by INR 500/t ($6/t) w-o-w to INR 4,800/t ($57/t) ex-mines on 22 June, 2024. No deals of standard Fe62% fines deal recorded from…