Tag: Odisha iron ore price

India: Odisha iron ore fines index rises by INR 300/t amid OMC’s auction bids

Sep 21, 2024

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by

Ratiram Gurjar

in Fines/Lumps

OMC sells 2.4 mnt of iron ore in September auction Market sentiments expected to improve next week BigMint’s Odisha iron ore fines (Fe 62%) index rose by INR 300/t ($4/t) w-o-w, reaching INR 4,500/tonne ($54/t) ex-mines as of 21 September. During the week, approximately 275,000 tonnes of iron ore were purchased from merchant miners, with…