Iron ore prices remained unchanged on April 27.
Earlier, NMDC and Rungta increased their price offers during the month.
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.
Also, Rungta increased the prices of select grades. Essel also increased its lumps of a particular grade by Rs 100 per ton.
Pellet prices firmed up by Rs 100 per ton in Bellary and Tatanagar, while prices declined by Rs 100 per ton in Barbil.
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 |
27-Apr-16 |
26-Apr-16 |
28-Mar-16 |
30-Oct-15 |
28-Apr-15 |
||
NMDC |
6-20mm / 65 |
2,100 |
2,100 |
1,950 |
2,500 |
3,050 |
NMDC |
10-150mm / 64 |
1,900 |
1,900 |
1,750 |
2,210 |
2,660 |
NMDC |
FINES / 64 |
1,860 |
1,860 |
1,710 |
1,460 |
1,960 |
RUNGTA |
5-18mm / 65 |
- |
- |
- |
NA |
5,800 |
RUNGTA |
5-18mm / 63 |
2,800 |
2,800 |
2,700 |
3,000 |
5,500 |
RUNGTA |
10-30mm / 65 |
- |
- |
- |
NA |
5,200 |
RUNGTA |
10-30mm / 63 |
2,700 |
2,700 |
2,600 |
2,900 |
4,800 |
RUNGTA |
BLUE DUST / 63 |
1,600 |
1,600 |
1,600 |
1,800 |
2,400 |
ESSEL |
5-18mm / 63 |
2,200 |
2,200 |
2,200 |
NA |
- |
ESSEL |
10-30mm / 63 |
1,600 |
1,600 |
1,400 |
2,900 |
- |
ESSEL |
BLUE DUST / 63 |
1,300 |
1,300 |
1,300 |
1,600 |
- |
SERAJUDDIN |
5-18mm / 63 |
2,200 |
2,200 |
2,200 |
2,600 |
4,800 |
SERAJUDDIN |
BLUE DUST / 63 |
1,400 |
1,400 |
1,400 |
1,600 |
2,200 |
INDRANI |
5-18mm / 63 |
2,200 |
2,200 |
2,200 |
2,600 |
- |
INDRANI |
BLUE DUST / 63 |
1,300 |
1,300 |
1,300 |
1,600 |
- |
KJS AHLUWALIA |
5-18mm / 63 |
2,200 |
2,200 |
2,200 |
2,600 |
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 |
27-Apr-16 |
26-Apr-16 |
28-Mar-16 |
30-Oct-15 |
28-Apr-15 |
||
BELLARY |
5mm-18mm |
4,500 |
4,400 |
4,600 |
5,300 |
6,300 |
TATANAGAR |
5mm-18mm |
4,300 |
4,200 |
4,200 |
4,600 |
5,300 |
BARBIL |
5-20mm |
3,100 |
3,200 |
3,100 |
4,200 |
5,200 |
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 |
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 |
|
4 |
3200 |
Apr-16 |
1 |
3200 |
|
2 |
3200 |
|
3 |
3200 |
|
4 |
3100 |
Source: Traders