Indrani Patnaik – one of Odisha’s major merchant miner has recently resumed iron ore sales. The miner was not seen giving offers since last couple of months for domestic market as it had entirely used its EC limit.
According the data maintained with SteelMint, Indrani Patnaik dispatched 3.78 MnT iron ore in domestic market (except movement for exports) in FY17 (till Feb’17).
Miner’s iron ore production during Apr-Feb’17 was recorded at 3.9 MnT.
Indrani Patnaik iron ore prices as on 08 Apr’17
|
Size (mm) |
Grade (Fe %) |
Prices in INR/MT |
| 5-18 (Cr) | 63 | 3,450 |
| 10-30 | 62 | 3,100 |
| Fines | 62 | 1,500 |
Ex-mines prices inclusive of Royalty, DMF & NMET
Source: SteelMint Research
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