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Feb 27, 2019 Domestic iron ore prices are likely to rise by three to four per cent in 2019 on account of global supply glitch, rating agency Crisil said Wednesday. We foresee domestic iron ore prices rising three to four per cent during 2019. This would have a direct bearing on 62 per cent of the steel production that is based on supply from merchant miners, Crisil Research Senior Director Prasad ...
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May 19, 2004 The iron ore trade will come to halt along Indias western coast during the monsoon season, which lasts from June until September. The local market remains strong, with fines of 63.5 percent Fe and above commanding a price of Rs1,800-1,900 39.6-41.8 per tonne and lump at Rs2,500 per tonne.
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May 12, 2021 India NMDC hikes iron ore prices by up to INR 1,500t 20 - SteelMint.
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Jun 28, 2021 Price of 62 Fe iron ore fines, for example, increased a whopping 344 to around Rs 7,000 last month from Rs 1,575 in May 2020. Some secondary steelmakers have urged the government to bail them out as current prices of iron ore are higher than export parity. The industry has also urged the government to auction ore mines at the earliest.
May 12, 2021 The iron ore price surged to a record 237.57 per tonne Wednesday as strong Chinese demand continued to outpace supply, but analysts are not entirely convinced the price run has legs.
Estimated that India will import 12-13 MT of iron ore in the FY 2014-15 to feed its port based steel plants. Import of iron ore is due to ban in iron ore mining and restriction on production in the States of Karnataka,Goa amp Odisha. The supplies of iron ore in the domestic market has reduced due to non-opening of fresh iron ore mines. 15
Jan 15, 2021 Steel and user industries in India are in for more price shocks as iron ore rose to a near 10-year-high on January 14, with Chinese customs data showing record imports by
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May 21, 2019 Export of iron ore of up to 58 per cent ferrous content 58-Fe attracts zero duty. Traders say once the price of this baser grade of ore breaches 70 a tonne, export becomes viable. Odisha alone has in excess of 100 million tonnes of inferior grade iron ore accumulated at mine heads this ore lacks takers in India.
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Jul 29, 2020 New DelhiMumbai Chinas purchases of iron ore from India rocketed to an eight-year high in the first half of 2020, fueled by supply shocks at major producers and record steel output at the worlds largest steelmaker. Shipments of the raw material from India more than doubled to 20 million tons in the six months through June from a year earlier, according to Chinas customs data.