Major merchant miners have kept their Iron ore prices unchanged owing to stable demand.
Odisha based major merchant miners have kept their Iron ore prices unaltered. Rungta Mines had last reduced its prices on 7 Feb, 2015.
Rungta Mines (Odisha) Iron Ore Prices
|
Size (mm) |
Grade (Fe%) | Prices | |||
| Feb’15* | Jan’15 | Dec’14 |
Nov’14 |
||
| 5-18 | 65 | 5,850 | 6,900 | 7,700 | 7,550 |
| 5-18 | 63 | 5,550 | 6,600 | 7,400 | 7,250 |
| 10-30 | 65 | 5,200 | 6,200 | 7,050 | 6,900 |
| 10-30 | 63 | 4,800 | 5,800 | 6,650 | 6,500 |
| Blue Dust/Fines | 63 | 2,400 | 3,200 | 3,900 | 4,600 |
Prices in INR/MT
Prices are on FoR siding basis; including royalty
Source: SteelMint Research
Essel Mining has also rolled over its prices. Indrani Patnaik had last revised Iron ore prices on 5 Feb, 2015.
Indrani Patnaik Iron Ore Prices
| Size (mm) | Grade (Fe) | Prices | |||
| Feb’15* | Jan’15 | Dec’14 | Nov’14 | ||
| 5-18 | 63 | 4,400 | 4,700 | 4,700 | 6,100 |
| 10-30 | 63 | 3,700 | 4,200 | 4,200 | 5,650 |
| Fines | 62 | 1,800 | 2,300 | 2,300 | 2,850 |
| Fines | 60 | 1,400 | 1,800 | 1,800 | 2,550 |
Ex-mines prices in INR/MT; including royalty
Source: SteelMint Research
Another major miner namely Serajuddin Mines is offering 5-18 mm Fe 63% at INR 4,850/MT and fines of same grade at INR 2,250/MT. Prices are as per loaded into wagons and including royalty.
Serajuddin Mines Iron Ore Prices
|
Size |
Grade | Prices | ||
| Feb’15* | Jan’15 |
Dec’14 |
||
| 5-18 mm | 63 | 4,850 | 5,800 | 6,250 |
| Blue Dust/Fines | 63 | 2,250 | 2,950 | 3,350 |
Prices in INR/MT
Prices are on FoR siding basis; 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).
Note: *prices as on 16 Feb, 2015; rest are monthly average
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