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India: Odisha iron ore fines prices remain stable amid cautious trading

Source: BigMint Jun 02, 2026 08:30

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Private miners start aligning offers with auction levels. Monsoon restocking enquiries yet to pick up

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 price levels. While a few private miners revised offers downward

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