Miners kept iron ore fines offers unchanged as sponge iron and finished steel prices remained volatile but Rungta Mines raised lumps prices by Rs 200 per ton and fines prices by Rs 100 per ton, industry sources said.
Sponge iron prices also firmed up by Rs 100-200 per ton, leading to an upward revision in price by the miner, sources said.
Other Odisha miners – Essel, Indrani, Serajuddin and KJS Ahluwalia – are yet to announce a revision in prices.
Top iron ore miner NMDC is also yet to announce any revision in prices.
Prices of iron ore in various markets during the past one year (Rs/ton)
PRODUCT |
NAME OF THE MARKET |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
2-Mar-16 |
1-Mar-16 |
24-Feb-16 |
1-Feb-16 |
4-Sep-15 |
||
NMDC |
6-20mm / 65 |
1,800 |
1,800 |
1,800 |
1,800 |
2,850 |
NMDC |
10-150mm / 64 |
1,600 |
1,600 |
1,600 |
1,610 |
2,510 |
NMDC |
FINES / 64 |
1,560 |
1,560 |
1,560 |
1,560 |
1,660 |
RUNGTA |
5-18mm / 63 |
2,800 |
2,600 |
2,600 |
2,600 |
3,600 |
Pellet prices, however, remained unchanged.
Following are prevailing domestic iron ore prices:
RUNGTA |
10-30mm / 63 |
2,700 |
2,500 |
2,500 |
2,500 |
3,200 |
RUNGTA |
BLUE DUST / 63 |
1,700 |
1,600 |
1,600 |
1,800 |
1,800 |
ESSEL |
5-18mm / 63 |
2,100 |
2,100 |
2,100 |
2,200 |
NA |
ESSEL |
10-30mm / 63 |
1,400 |
1,400 |
1,400 |
1,600 |
3,500 |
ESSEL |
BLUE DUST / 63 |
1,300 |
1,300 |
1,300 |
1,500 |
1,600 |
SERAJUDDIN |
5-18mm / 63 |
2,200 |
2,200 |
2,200 |
2,200 |
3,400 |
SERAJUDDIN |
BLUE DUST / 63 |
1,400 |
1,400 |
1,400 |
1,500 |
1,600 |
INDRANI |
5-18mm / 63 |
2,200 |
2,200 |
2,200 |
2,200 |
2,800 |
INDRANI |
BLUE DUST / 63 |
1,400 |
1,400 |
1,400 |
1,500 |
1,500 |
KJS AHLUWALIA |
5-18mm / 63 |
2,200 |
2,200 |
2,200 |
2,200 |
3,000 |
KJS AHLUWALIA |
BLUE DUST / 63 |
1,300 |
1,300 |
1,300 |
1,500 |
1,500 |
BELLARY |
5mm-18mm |
4,200 |
4,200 |
4,200 |
4,300 |
5,300 |
TATANAGAR |
5mm-18mm |
3,800 |
3,800 |
3,800 |
4,000 |
4,600 |
BARBIL |
5-20mm |
2,900 |
2,900 |
2,900 |
3,200 |
4,200 |
Source: Traders
Product |
|
Iron Ore Pellet |
Grade |
|
5-20mm, Fe 63-64 |
Location |
|
FOR, Barbil |
Basis |
|
Basic |
Month/Unit |
Week |
Rs/ton |
Dec-15 |
1 |
3100 |
|
2 |
3100 |
|
3 |
3100 |
|
4 |
3100 |
Jan-16 |
1 |
3300 |
|
2 |
3300 |
|
3 |
3200 |
|
4 |
3200 |
Feb-16 |
1 |
3200 |
RUNGTA |
BLUE DUST / 63 |
1,700 |
1,600 |
1,600 |
1,800 |
1,800 |
ESSEL |
5-18mm / 63 |
2,100 |
2,100 |
2,100 |
2,200 |
NA |
ESSEL |
10-30mm / 63 |
1,400 |
1,400 |
1,400 |
1,600 |
3,500 |
ESSEL |
BLUE DUST / 63 |
1,300 |
1,300 |
1,300 |
1,500 |
1,600 |
SERAJUDDIN |
5-18mm / 63 |
2,200 |
2,200 |
2,200 |
2,200 |
3,400 |
SERAJUDDIN |
BLUE DUST / 63 |
1,400 |
1,400 |
1,400 |
1,500 |
1,600 |
INDRANI |
5-18mm / 63 |
2,200 |
2,200 |
2,200 |
2,200 |
2,800 |
INDRANI |
BLUE DUST / 63 |
1,400 |
1,400 |
1,400 |
1,500 |
1,500 |
KJS AHLUWALIA |
5-18mm / 63 |
2,200 |
2,200 |
2,200 |
2,200 |
3,000 |
KJS AHLUWALIA |
BLUE DUST / 63 |
1,300 |
1,300 |
1,300 |
1,500 |
1,500 |
BELLARY |
5mm-18mm |
4,200 |
4,200 |
4,200 |
4,300 |
5,300 |
TATANAGAR |
5mm-18mm |
3,800 |
3,800 |
3,800 |
4,000 |
4,600 |
BARBIL |
5-20mm |
2,900 |
2,900 |
2,900 |
3,200 |
4,200 |
Source: Traders
Product |
|
Iron Ore Pellet |
Grade |
|
5-20mm, Fe 63-64 |
Location |
|
FOR, Barbil |
Basis |
|
Basic |
Month/Unit |
Week |
Rs/ton |
Dec-15 |
1 |
3100 |
|
2 |
3100 |
|
3 |
3100 |
|
4 |
3100 |
Jan-16 |
1 |
3300 |
|
2 |
3300 |
|
3 |
3200 |
|
4 |
3200 |
Feb-16 |
1 |
3200 |
|
2 |
3000 |
|
3 |
2900 |
|
4 |
2900 |
Mar-16 |
1 |
2900 |
Source: Traders