“Market demand for the key steel making raw material – Iron ore has been decent in the last couple of weeks.
Hence, we have taken a decision to continue offering our raw material at current price levels”, shared a senior official of Rungta Mines Limited.
India's largest merchant miner of Iron ore based in the state of Odisha, with an annual production of 12 million tons (mt) is charging Rs 7,250/MT for its CLO Iron ore lumps of Fe content 63% at and prices of the material with Fe content 65% is quoted at 7,650/MT.
The company is offering its high grade Iron ore fines with Fe content 63% at Rs 2,650/MT.
(All prices are loaded to wagons, Odisha).
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