Rungta Mines has rolled over Iron ore prices both in Odisha & Jharkhand.
One of the major merchant miners, Rungta Mines has kept Iron ore prices unchanged. The miner had last reduced its prices on 28 Jan, 2015.
Rungta Mines (Odisha) Iron Ore Prices
|
Size (mm) |
Grade (Fe %) |
Prices |
| 5-18 | 65 | 6,350 |
| 5-18 | 63 | 6,050 |
| 10-30 | 65 | 5,700 |
| 10-30 | 63 | 5,300 |
| Blue Dust/Fines | 63 | 2,700 |
| Blue Dust/Fines | 60 | 2,050 |
Prices in INR/MT as per loaded into wagons; including royalty
Source: SteelMint Research
Rungta Mines (Jharkhand) Iron Ore Prices: Rungta Mines is offering Fe 63% fines at INR 2,800/MT (as per loaded into wagons in Jharkhand).
Other miners namely Indrani Patnaik & Serajuddin Mines have also rolled over their offers. Miners are likely to hold offers for the month of February, 2015. Whereas, Essel Mining has further reduced Iron ore prices by INR 500-600/MT wef 1 Feb, 2015.
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