OMM, Orissa Manganese and Minerals Ltd, a 100% wholly subsidiary of Adunik Metaliks Ltd have cut its iron ore prices by up to Rs 500/t for March 2013, confirmed an official.
OMM owns substantial mineral resources comprising approximately 90 million tons of iron ore, 50 million tons of manganese ore in the state of Jharkhand.
Current Offers for Ghtakuri Mines March-2013 are
5-18MM (Fines 30-35%) – Fe 58-60 – Rs.3000
5-18MM ( Fines 30-35%) – Fe 60-62 – Rs.3500
5-18MM (Fines 30-35%) – Below Fe 55 – Rs. 2000
5-18MM (Fines 30-35%) – Fe 56 – Rs. 2400
5-18MM (Fines 30-35%) – Fe 57 – Rs.2800
10-40MM – Fe 58-60 – Rs.4500
10-40MM – Fe 55-58 – Rs.3500
10-40MM – Fe 52-55 – Rs.3000
10-40MM – Fe 48-52 – Rs. 2000
40-80MM – Fe 58-60 – Rs. 4600
40-80MM – Fe 55-58 – Rs. 3600
40-80MM – Fe 52-55 -Rs.2800
40-80MM – Fe 48-52 – Rs. 2000
+80MM – Fe 58-60 – Rs. 3300
+80MM – Fe below 55 – Rs. 2500
Fines (0-15MM) – Fe 54-55 – Rs.1300 & 0-5MM – Rs 1100
Fines (0-15MM) – Fe 52-55 – Rs.1200 & 0-5MM – Rs.1000
Fines Fe 48-52 – Rs.800
All prices Including Royalty, loaded to Wagons Gua siding
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