Odisha based miner, RP Sao with annual capacity of 4.5 MnT pa currently has started offering fines in the merchant market. The mines were closed after the Supreme Court ordered suspension of mining activities in the state of Odisha on 16 May, 2014 running under 2nd deemed renewal. Sources says mines will resume production soon. Presently mines has permission to sale approx 0.5 MnT Iron ore fines.
Current offers are as follows:
|
Size |
Grade (Fe %) |
Price in INR/MT |
| Fines | 62+ | 1,450 |
| Fines | 63+ | 1,650 |
Ex-mines prices from Gulai mines & inclusive of royalty
Taxes as applicable
Source: SteelMint Research
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