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India: Odisha iron ore fines prices largely stable w-o-w amid weak demand; market awaits OMC auction results

Source: BigMint Oct 20, 2026 09:42
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Iron Ore Global
Improved dispatches and availability weigh on market sentiment. Buyers await OMC auctions amid falling sponge iron and pellet prices
Odisha iron ore fines prices remained largely stable w-o-w in the week ending 10 October 2026, with BigMint's assessment for Fe 62% fines decreased marginally by INR 50/tonne (t) ($0.5/t) at INR 5,500/tonne (t) ($57.9/t) ex-mines.   Improved dispatches and ore availability, coupled with lower prices for pellets and sponge iron,

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