Essel Mining Industries Limited (EML), a company of Aditya Birla Group and a prominent miner of Iron ore, having mining operations in the state of Odisha, has lowered Iron ore prices w.e.f the 1st of August 2013.
Iron ore lumps is being offered at Rs 400/MT less and fines by Rs 100/MT, as compared to prices revised in mid-July.
EMIL Iron Ore Prices (Rs/MT) w.e.f 1st Aug '13:
Iron ore lumps – Down by Rs 400/MT
5-18 mm & Fe 65: 6,525
5-18 mm & Fe 63: 6,175
10-30 mm & Fe 65: 5,875
10-30 mm & Fe 63: 5,425
Iron ore fines – Drop of Rs 100/MT
Fe 63: 2,075
(Prices loaded to wagons at major sidings in Barbil, Odisha; Including royalty)
Earlier to this, the miner had lowered lumps prices by Rs 200/MT a couple of weeks back. Whereas, prices of fines were unchanged.
For more details, contact
Seema Goenka
(seema@steelmint.com)
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