Tag: Odisha Iron Ore Prices

Market awaits OMC auction for clearer price direction Sharp fall in sponge iron, billet prices weighs on index BigMint’s Odisha iron ore fines (Fe 62%) index remained stable w-o-w at INR 5,500/t ($58/t) ex-mines on Saturday, 16 May 2026. BigMint recorded deals for around 105,000 t this week, concluded directly between steelmakers and private miners…