Iron ore offers remained unchanged on March 16 tracking the negative sentiment in sponge iron and finished steel segments.
Earlier, NMDC raised its lumps and fines prices by Rs 150 per ton tracking the firm trends in international iron ore prices and domestic sponge iron prices.
Pellet prices remained unchanged during the week.
Internationally, however, iron ore prices retreated to $52 per ton owing to lower offtake in China, sources said.
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 |
Daily changes |
16-Mar-16 |
15-Mar-16 |
17-Feb-16 |
17-Sep-15 |
17-Mar-15 |
|||
NMDC |
6-20mm / 65 |
1,950 |
1,950 |
1,800 |
2,850 |
3,250 |
⇔ |
NMDC |
10-150mm / 64 |
1,750 |
1,750 |
1,600 |
2,510 |
2,860 |
⇔ |
NMDC |
FINES / 64 |
1,710 |
1,710 |
1,560 |
1,660 |
2,460 |
⇔ |
RUNGTA |
5-18mm / 63 |
2,600 |
2,600 |
2,600 |
3,600 |
5,500 |
⇔ |
RUNGTA |
10-30mm / 63 |
2,500 |
2,500 |
2,500 |
3,200 |
4,800 |
⇔ |
RUNGTA |
BLUE DUST / 63 |
1,600 |
1,600 |
1,600 |
1,800 |
2,400 |
⇔ |
ESSEL |
5-18mm / 63 |
2,100 |
2,100 |
2,100 |
NA |
- |
⇔ |
ESSEL |
10-30mm / 63 |
1,400 |
1,400 |
1,400 |
3,100 |
- |
⇔ |
ESSEL |
BLUE DUST / 63 |
1,300 |
1,300 |
1,300 |
1,500 |
- |
⇔ |
SERAJUDDIN |
5-18mm / 63 |
2,200 |
2,200 |
2,200 |
2,800 |
4,800 |
⇔ |
SERAJUDDIN |
BLUE DUST / 63 |
1,400 |
1,400 |
1,400 |
1,500 |
2,200 |
⇔ |
INDRANI |
5-18mm / 63 |
2,200 |
2,200 |
2,200 |
2,600 |
- |
⇔ |
INDRANI |
BLUE DUST / 63 |
1,300 |
1,300 |
1,500 |
1,500 |
- |
⇔ |
KJS AHLUWALIA |
5-18mm / 63 |
2,200 |
2,200 |
2,200 |
2,800 |
3,700 |
⇔ |
KJS AHLUWALIA |
BLUE DUST / 63 |
1,300 |
1,300 |
1,300 |
1,400 |
2,200 |
⇔ |
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 |
Daily changes |
16-Mar-16 |
15-Mar-16 |
17-Feb-16 |
17-Sep-15 |
17-Mar-15 |
|||
BELLARY |
5mm-18mm |
4,200 |
4,200 |
4,200 |
5,300 |
- |
⇔ |
TATANAGAR |
5mm-18mm |
3,800 |
3,800 |
3,900 |
4,600 |
- |
⇔ |
BARBIL |
5-20mm |
2,900 |
2,900 |
3,200 |
4,200 |
6,000 |
⇔ |
Source: Compilation from various sources & ISMW data
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 |
|
2 |
2900 |
|
3 |
2900 |