Shri R. P. Sao Guali Iron Ore Mines based in Odisha have raised its iron ore lumps prices by Rs 150/t W.E.F 17.05.2012. Where as fines prices are kept unchanged.
5-18 (62%)= Rs.6,900
10-30 = Booking Closed
Fines (63%)= Rs. 2,450
All prices incl of royalty. Taxes as applicable is extra.
“Market participants expect hike in prices will not effect market, falling sponge prices and sluggish demand should not support high raw material costs.”
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