India: Rungta Mines rolls over Iron Ore Prices for October

Rungta Mines Ltd, the largest merchant Iron ore miner located in the state of Odisha, has decided to unchange Iron ore prices for October, at levels similar to the month of September.


Rungta Mines Current Iron ore Prices (INR/MT):

Iron ore lumps 

5-18 mm & Fe 65: 6,700

5-18 mm & Fe 63: 6,400

5-18 mm & Fe 62: 5,750


10-30 mm & Fe 62: 5,650

10-30 mm & Fe 63: 5,870

10-30 mm & Fe 65: 6,050

Iron ore fines 

Fe 63: 2,250


(Prices loaded to wagons at major sidings in Barbil, Odisha; Including royalty)


Rungta mines prevailing prices are valid till mid-October.


The miner has maintained prices for October, owing to better demand in the last one month as supply of Iron Pellet is low and prices are higher in comparison to lumps.


Rungta mines has its mining operations in the state of Jharkhand and Odisha , with a production of about 12 MnT pa.


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