Iron ore offers remained firm in most of the markets with the miners set to take a look at the price offers at the beginning of April.
Rungta, along with Essel, had recently increased the prices of select grades. There was also an increase in pellets supplied by Tatanagar and Barbil by Rs 100 per ton.
Earlier this month, NMDC raised its lumps and fines prices by Rs 150 per ton tracking the firm trends in international iron ore prices and domestic sponge iron prices.
Prices of iron ore in various markets during the past one year (Rs/ton)
PRODUCT |
NAME OF THE MARKET |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
Daily changes |
30-Mar-16 |
29-Mar-16 |
23-Mar-16 |
2-Oct-15 |
31-Mar-15 |
|||
NMDC |
6-20mm / 65 |
1,950 |
1,950 |
1,950 |
2,850 |
3,250 |
⇔ |
NMDC |
10-150mm / 64 |
1,750 |
1,750 |
1,750 |
2,510 |
2,860 |
⇔ |
NMDC |
FINES / 64 |
1,710 |
1,710 |
1,710 |
1,660 |
2,460 |
⇔ |
RUNGTA |
5-18mm / 65 |
- |
- |
- |
NA |
5,800 |
⇔ |
RUNGTA |
5-18mm / 63 |
2,700 |
2,700 |
2,700 |
3,300 |
5,500 |
⇔ |
RUNGTA |
10-30mm / 65 |
- |
- |
- |
NA |
5,200 |
⇔ |
RUNGTA |
10-30mm / 63 |
2,600 |
2,600 |
2,600 |
3,100 |
4,800 |
⇔ |
RUNGTA |
BLUE DUST / 63 |
1,600 |
1,600 |
1,600 |
1,700 |
2,400 |
⇔ |
ESSEL |
5-18mm / 63 |
2,200 |
2,200 |
2,200 |
NA |
- |
⇔ |
ESSEL |
10-30mm / 63 |
1,500 |
1,400 |
1,400 |
2,900 |
- |
▲ |
ESSEL |
BLUE DUST / 63 |
1,300 |
1,300 |
1,300 |
1,500 |
- |
⇔ |
SERAJUDDIN |
5-18mm / 63 |
2,200 |
2,200 |
2,200 |
2,800 |
4,800 |
⇔ |
SERAJUDDIN |
BLUE DUST / 63 |
1,400 |
1,400 |
1,400 |
1,500 |
2,200 |
⇔ |
INDRANI |
5-18mm / 63 |
2,200 |
2,200 |
2,200 |
2,600 |
- |
⇔ |
INDRANI |
BLUE DUST / 63 |
1,300 |
1,300 |
1,300 |
1,500 |
- |
⇔ |
KJS AHLUWALIA |
5-18mm / 63 |
2,200 |
2,200 |
2,200 |
2,700 |
3,700 |
⇔ |
KJS AHLUWALIA |
BLUE DUST / 63 |
1,300 |
1,300 |
1,300 |
1,400 |
2,200 |
⇔ |
PRODUCT |
NAME OF THE MARKET |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
Daily changes |
30-Mar-16 |
29-Mar-16 |
23-Mar-16 |
2-Oct-15 |
31-Mar-15 |
|||
BELLARY |
5mm-18mm |
4,400 |
4,600 |
4,600 |
5,300 |
- |
▼ |
TATANAGAR |
5mm-18mm |
4,300 |
4,200 |
4,200 |
4,600 |
- |
▲ |
BARBIL |
5-20mm |
3,200 |
3,100 |
3,100 |
4,200 |
6,000 |
▲ |
Source: Compilation from various sources & ISMW data
Product |
|
Iron Ore Pellet |
Grade |
|
5-20mm, Fe 63-64 |
Location |
|
FOR, Barbil |
Basis |
|
Basic |
Month/Unit |
Week |
Rs/ton |
Dec-15 |
1 |
3100 |
|
2 |
3100 |
|
3 |
3100 |
|
4 |
3100 |
Jan-16 |
1 |
3300 |
|
2 |
3300 |
|
3 |
3200 |
|
4 |
3200 |
Feb-16 |
1 |
3200 |
|
2 |
3000 |
|
3 |
2900 |
|
4 |
2900 |
Mar-16 |
1 |
2900 |
|
2 |
2900 |
|
3 |
2900 |
|
4 |
3200 |