Top iron ore miner NMDC has increased its lump iron ore prices by Rs 150 per ton to Rs 2,100 per weight metric ton (WMT) and prices of fines by Rs 110 per ton to Rs 1,860 per WMT.
“The new prices of iron ore have come into effect from April 4, 2016,” NMDC said in a BSE filing.
“The above prices are exclusive of royalty, taxes, DMF, duties, levies etc,” NMDC said.
The prices are up 7.69% (lumps) and 8.77% (fines) respectively from the current price levels.
Last time in March 11, 2016, NMDC increased its lump iron ore prices to Rs 1,950 per weight metric ton (WMT) and prices of fines to Rs 1,710 per WMT. That time the price increase 8%.
Earlier, Rungta along with Essel, had increased prices of select grades. There was also an increase in pellet prices supplied by Tatanagar and Barbil by Rs 100 per ton.
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 |
4-Apr-16 |
2-Apr-16 |
28-Mar-16 |
4-Mar-16 |
7-Oct-15 |
||
NMDC |
6-20mm / 65 |
2,100 |
1,950 |
1,950 |
1,800 |
2,850 |
NMDC |
10-150mm / 64 |
1,900 |
1,750 |
1,750 |
1,600 |
2,510 |
NMDC |
FINES / 64 |
1,860 |
1,710 |
1,710 |
1,560 |
1,660 |
RUNGTA |
5-18mm / 65 |
- |
- |
- |
- |
NA |
RUNGTA |
5-18mm / 63 |
2,700 |
2,700 |
2,700 |
2,600 |
3,300 |
RUNGTA |
10-30mm / 65 |
- |
- |
- |
- |
NA |
RUNGTA |
10-30mm / 63 |
2,600 |
2,600 |
2,600 |
2,500 |
3,100 |
RUNGTA |
BLUE DUST / 63 |
1,600 |
1,600 |
1,600 |
1,600 |
1,700 |
ESSEL |
5-18mm / 63 |
2,200 |
2,200 |
2,200 |
2,100 |
NA |
ESSEL |
10-30mm / 63 |
1,500 |
1,500 |
1,400 |
1,400 |
2,900 |
ESSEL |
BLUE DUST / 63 |
1,300 |
1,300 |
1,300 |
1,300 |
1,500 |
SERAJUDDIN |
5-18mm / 63 |
2,200 |
2,200 |
2,200 |
2,200 |
2,800 |
SERAJUDDIN |
BLUE DUST / 63 |
1,400 |
1,400 |
1,400 |
1,400 |
1,500 |
INDRANI |
5-18mm / 63 |
2,200 |
2,200 |
2,200 |
2,200 |
2,600 |
INDRANI |
BLUE DUST / 63 |
1,300 |
1,300 |
1,300 |
1,400 |
1,500 |
KJS AHLUWALIA |
5-18mm / 63 |
2,200 |
2,200 |
2,200 |
2,200 |
2,700 |
KJS AHLUWALIA |
BLUE DUST / 63 |
1,300 |
1,300 |
1,300 |
1,300 |
1,400 |
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 |
4-Apr-16 |
2-Apr-16 |
28-Mar-16 |
4-Mar-16 |
7-Oct-15 |
||
BELLARY |
5mm-18mm |
4,400 |
4,400 |
4,600 |
4,200 |
5,300 |
TATANAGAR |
5mm-18mm |
4,300 |
4,300 |
4,200 |
3,800 |
4,600 |
BARBIL |
5-20mm |
3,200 |
3,200 |
3,100 |
2,900 |
4,200 |
Source: Compilation from various sources & ISMW data