Tag: Odisha Iron Ore

SteelMint’s weekly Odisha iron ore fines index (Fe 62%) has risen by INR 300/tonne (t) w-o-w to INR 6,500/t ex-mines. Hike in pellet prices, limited availability of high-grade ore and logistics concerns amidst limited availability of rakes kept iron ore prices supported. Rationale: T1- No confirmed deal was heard this week as majority of big…