Iron ore prices in Odisha remain unchanged as of now amid subdued demand.
Major merchant miners in Odisha have kept iron ore prices unaltered as of now. Demand continues to remain poor with limited buying. Major merchant miners in Odisha have dispatched 2.3 MnT in the month of May’15 and 0.7 MnT in first 15 days of Jun’15. Miners had last revised prices in the first half of May’15, since then prices have remained stable.
National Enterprises and Penguin Trading & Agencies is offering 5-18 mm (Fe 62%) at INR 3,600/MT (Ex-mines & including Royalty).
Iron ore prices have remain unchanged in Jharkhand too. Rungta Mines is offering Fe 63% fines at INR 2,350/MT (as per loaded into wagons in Jharkhand).
Iron Ore Prices in Odisha
| Miner | Size | Grade (Fe %) | Prices in INR/MT | |
| Ex-Mines | Loaded into wagons | |||
| Rungta Mines | 5-18 mm | 63 | – | 5,150 |
| 10-30 mm | 63 | – | 4,500 | |
| Fines | 63 | – | 2,250 | |
| Fines | 60 | – | 1,800 | |
| Serajuddin Mines | 5-18 mm | 63 | 3,900 | 4,350 |
| Fines | 63 | 1,600 | 2,050 | |
| Indrani Patnaik | 5-18mm | 63 | 3,650 | 4,000 |
| KJS Ahluwalia | 5-18 mm | 63 | 4,000 | 4,450 |
| 10-30 mm | 62 | 3,100 | 3,550 | |
| Fines | 63 | 1,700 | 2,150 | |
| Kaypee Enterprises | 5-18 mm | 63 | 3,800 | 4,250 |
| 10-30 mm | 62 | 3,200 | 3,650 | |
| Fines | 63 | 1,700 | 2,150 | |
| K N Ram | 5-18 mm | 63 | 3,800 | 4,150 |
| Fines | 63 | 1,600 | 1,950 | |
Prices including Royalty
Source: SteelMint
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