India: Odisha iron ore fines index remains stable w-o-w with ongoing monsoon

Source: BigMint Aug 11, 2026 08:46

Prices remain stable amid subdued monsoon demand. Lower-grade supply disruptions and firm pellet demand provide support

Odisha iron ore fines (Fe 62%) index remained unchanged w-o-w at INR 5,000/tonne (t) ($52/t) ex-mines on 8 August 2026. Market activity remained subdued amid the monsoon, with limited offers in market and procurement largely need-based. However, rainfall-related disruptions to mining and dispatches, provided some support to the market. Higher

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