Indrani Patnaik Cuts Iron Ore Prices by Rs 500/MT

Indrani Patnaik, an Iron ore miner located in the state of Odisha has lowered the prices of lumps by Rs 500/M for August '13.

Whereas, the prices of fines remain unchanged at previous levels.

Indrani Patnaik's current Iron ore prices:

Iron ore lumps

5-18 mm & Fe 62 Rs 4,850/MT

Iron ore fines

Fe 63 Rs 1,850/MT

Prices loaded to wagons

The miner has slashed Iron ore prices due to poor off take from Sponge iron manufacturers in the last fortnight.

For more details, contact

Seema Goenka

(seema@steelmint.com)