The next round of e-auction of Chrome Ore will be held in the 3rd week of September (expected date 18th September, 2013) and the new prices will be made effective from 25th September, 2013.
A total of 91,000 tonnes of Chrome Ore was on offer in the recently conclude e-auction, out of which 78,000 tonnes was friable ore and 13,000 tonnes were concentrated ore.
The H1 price of different grades of sized Chrome Ore is given below:
Total Friable Ore – 78600 MT (70% state quota and 30% outside quota)
Friable Grade State Buyers (in Rs /MT) Outside Buyers in (Rs /MT)
54+ 12037 13737
52-54 11597 11697
50-52 11653 11053
48-50 10874 10874
46-48 10776 10476
44-46 10309 10009
42-44 9457 9857
Concentrated – 13000 tonnes
Grade Price (in Rs /MT)
48-50 11,118
46-48 19,840
40-44 9579
38-40 8418
Allocations
Jindal Stainless Ltd. (JSL) has been allotted 22,500 MT from the State quota. Similarly, Visa Steel and Rohit Ferro-Tech Limited have been allotted 11,700 MT and 13600 MT from the state quota respectively.
From outside the state quota, Sribasavi Industries has been allotted 6800 MT. Similarly, Shyam Ferro and Rohit Ferro-Tech have been allotted 5600 MT and 4000 MT respectively.
Visa Steel has also been allotted 6100 MT of Concentrated Chrome Ore.
Similarly, Jindal Stainless Steel Ltd. and Shyam Ferro have been allotted 4000 MT and 1700 MT of Concentrated Chrome Ore respectively.
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