Tag: Odisha Iron Ore

India: Odisha iron ore fines index falls further on easing supplies, falling pellet offers

Nov 5, 2022

—

by

Indranath Jha

in Fines/Lumps

SteelMint’s weekly Odisha iron ore fines (Fe 62%) index decreased by INR 100/t to INR 3,500/t ex-mines (including royalty, DMF & NMET). Buying interest improved in the recent auctions conducted, however, prices have come under pressure on improved production and the drop in pellets, sponge iron prices. Rationale: T1- One deal was reported this week…