Miners kept iron ore offers unchanged as sponge iron and finished steel prices remained volatile, industry sources said.
Sponge iron prices, which were languishing for some time now, firmed up on reports that the government would finalise the minimum import price (MIP) for steel shortly, sources said.
Among the Odisha miners, Essel Mining cut lumps offers by Rs 100 per ton. Others like Rungta, Serajjudin and Indrani have kept both lumps and fines prices unchanged so far.
Following are prevailing domestic iron ore prices:
|
|
|
Price (ex-mines) |
Price (ex-mines) |
Price (ex-mines) |
Price (ex-mines) |
Company |
Size |
Grade |
04-Feb-16 |
28-Jan-16 |
21-Jan-16 |
14-Jan-16 |
NMDC |
6-20mm |
65 |
1800 |
1800 |
1800 |
1800 |
|
10-150mm |
64 |
1600 |
1600 |
1600 |
1610 |
|
Fines |
64 |
1560 |
1560 |
1560 |
1560 |
Rungta |
5-18mm |
65 |
NA |
NA |
NA |
NA |
|
5-18mm |
63 |
2600 |
2600 |
2600 |
2600 |
|
10-30mm |
65 |
NA |
NA |
NA |
NA |
|
10-30mm |
63 |
2500 |
2500 |
2500 |
2500 |
|
Blue Dust |
63 |
1800 |
1800 |
1800 |
1800 |
Essel |
5-18mm |
63 |
2100 |
2300 |
2300 |
2300 |
|
10-30mm |
63 |
1600 |
1600 |
1600 |
1600 |
|
Blue Dust |
63 |
1500 |
1500 |
1500 |
1500 |
Serajuddin |
5-18mm |
63 |
2200 |
2200 |
2200 |
2200 |
|
Blue Dust |
63 |
1500 |
1500 |
1500 |
1500 |
Indrani |
5-18mm |
63 |
2200 |
2200 |
2200 |
2200 |
|
Blue Dust |
63 |
1500 |
1500 |
1500 |
1500 |
KJS Ahluwalia |
5-18 mm |
63 |
2200 |
2200 |
2200 |
2200 |
|
Blue Dust |
63 |
1500 |
1500 |
1500 |
1500 |
Source: Traders & ISMW