Essel Mining Industries Ltd (EMIL), a company of Aditya Birla Group and a prominent Iron ore miner based in the state of Odisha, cuts Iron ore fines prices by Rs 100/MT for the month of July, according to market sources.
Whereas, it has not considered any revision in Iron ore lumps prices, which were lowered by Rs 300-400/MT on the 17th of June, due to weak demand from Sponge iron units and free fall in Iron Pellet prices.
Essel Mining Iron Ore Prices for July:
Iron ore lumps
5-18 mm & Fe 65: Rs 7,125/MT
5-18 mm & Fe 63: Rs 6,775/MT
10-30 mm & Fe 63: Rs 6,025/MT
Fe 63 Iron ore fines: Rs 2,275/MT, drop of Rs 100/MT
(Prices loaded to wagons at major sidings in Barbil, Odisha; Including royalty)
For more details, contact
Seema Goenka
(seema@steelmint.com)
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