Iron ore offers remain firm
Steel Insights|May 2021
In a recent auction bids for around 24,000 tons of iron ore fines was received for a mine in Chhattisgarh for Fe 56-58%. The material was offered at ₹2700-3400 per ton including royalty, DMF and NMET.
Iron ore offers remain firm

Indian iron ore offers remained firm as material availability is still an issue, mainly for high-grade material, industry sources said.

Odisha iron ore fines of Fe 62 percent variety is recorded at around ₹6,700-7,600 per ton ex-mines, including Royalty, DMF & NMET.

Lump offers moved in the region of ₹10,800-11,000 per ton.

There seem to support for prices as material availability is still an issue, mainly for high grade.

OMC increased the base price by up to ₹1800-1900 per ton for upcoming iron ore auction for 1.38 million tons (mt).

Some Odisha-based major merchant iron ore miners have raised lump offers by ₹100 per ton with current offers for lumps 5-18 mm Fe 63 percent at around ₹11000 per ton ex-mines (including Royalty, DMF & NMET).

Another miner has also raised iron ore lump offers by ₹200-300 per ton with the current offer for Fe 10-40 mm 62 percent + grade at ₹10,600 per ton ex-mines.

In a recent auction bids for around 24,000 tons of iron ore fines was received for a mine in Chhattisgarh for iron ore fines Fe 56-58 percent. The material was offered at ₹2700-3400 per ton including Royalty, DMF and NMET.

Market sources expect NMDC to revise prices shortly.

この記事は Steel Insights の May 2021 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Steel Insights の May 2021 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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