Tag: OMC auction iron ore prices

Private miners start aligning offers with auction levels Monsoon restocking enquiries yet to pick up BigMint’s Odisha iron ore fines (Fe 62%) index remained stable w-o-w at INR 5,100/t ($53/t) ex-mines on 30 May 2026. Trading activity remained cautious following the recent Odisha Mining Corporation (OMC) auction, as buyers and sellers continued to assess post-auction…