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India Iron Ore: Average Sale Price: Fines: 60

India Iron Ore: Average Sale Price: Fines: 60 - 62% Fe data was reported at 4,656.000 INR/Ton in May 2024. This records an increase from the previous number of 4,437.000 INR/Ton for Apr 2024. India Iron Ore: Average Sale Price: Fines: 60 - 62% Fe data is updated monthly, averaging 2,013.000 INR/Ton (Median) from Feb 2011 to May 2024, …

Revenue implication of Rs 4,162 cr as Odisha's iron-ore …

"The decline of grade of iron ore has resulted in a revenue implication of approximately Rs 4,162.77 crore for the financial years 2020-21 and 2021-22 in the form of lesser royalty and premium (post auction)", the CAG said in its report No 6 of the year 2024, which was laid before the Odisha Assembly on Wednesday.

Iron Ore Monthly Price

Monthly price chart and freely downloadable data for Iron Ore. Price in Indian Rupee per Dry Metric Ton. 60 month history.

Iron Ore in India

Exports In 2022, India exported $1.72B in Iron Ore, making it the 10th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 41st most exported product in India. The main destination of Iron Ore exports from India are: China ($1.04B), Turkey ($84.6M), Slovakia ($76.8M), Indonesia ($66.6M), and Croatia ($58.2M).

Iron Ore Monthly Price

Iron Ore Monthly Price - Indian Rupee per Dry Metric Ton. Range. 6m 1y 5y 10y 15y 20y. Jul 2023 - Apr 2024: 0.003 (0.00%) Chart. Description: Iron ore (any origin) fines, spot price, c.f.r. China, 62% Fe beginning December 2008; previously 63.5%. Unit: Indian Rupee per Dry Metric Ton.

SteelMint & CoalMint

SteelMint & CoalMint

India Steel Prices, News and Analysis | SteelOrbis

SteelOrbis is the primary information source preferred by thousands of firms for its up-to-date Indian steel prices, Indian market analyses and news, as it closely follows the …

India's Iron Ore Price Drops to $41.5 per Ton

India's Iron Ore Price Decreases to $41.5 per Ton India Iron Ore Export Price in November 2022. In November 2022, the iron ore price stood at $41.5 per ton (FOB, India), falling by -1.7% against the previous month. Overall, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in February 2022 an …

Iron Ore Price

Iron Ore is expected to trade at 97.04 USD/MT by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, …

India's leading producer of Iron Ore | Vedanta Group …

India's iron ore reserves rank 7th globally (i.e. 5.5 bn tonnes) It has a wide range of applications in steelmaking, construction, infrastructure, and the automotive sector; One of the largest merchant iron ore miners in India and one of the largest producers and exporters of merchant pig iron in India ...

India Iron Ore Average Sale Price

Discover data on Iron Ore Average Sale Price in India. Explore expert forecasts and historical data on economic indicators across 195+ countries.

Iron Scrap Price per INR/MT in India Today.

Current Iron Scrap Price in India. The given India Iron prices are compiled from pricing lists from various manufacturers and India metal market data. The prices …

Exclusive: India proposes national iron ore exchange to tackle price …

A government-appointed panel has proposed setting up India's first iron ore exchange to determine the domestic sale price of the key steelmaking raw material, according to a document reviewed by ...

Lower Iron Ore Prices Have A Dual Impact On Indian …

Odisha iron ore price decreased by 2.5% week-on-week as of Aug. 13 to hit a 52-week low of Rs 5,800 per tonne, according to IDBI Capital. This drop follows state-run NMDC Ltd.'s reducing its iron ore prices, reflecting low buying interest, according to the brokerage, as buyers await the Odisha Mining Corp. auction amid a downtrend in …

India unlikely to impose export curbs on low-grade iron ore, …

NEW DELHI, May 1 (Reuters) - India is unlikely to impose tariffs on exports of low-grade iron ore for now despite rising overseas sales to China, a source with direct knowledge of the matter said ...

Indian steel mills seek iron ore export ban as China sales jump

Smaller steelmakers in India seek a ban on iron ore exports after a 170% surge in sales to Chinese mills inflated local prices. Fearing industry shutdowns, lobby groups from major manufacturing states request government restrictions. Second-tier producers, constituting 40% of national output, face higher input costs than top mills. …

The five largest iron ore mines in operation in India

It is owned by NMDC and produced an estimated 15.09 mtpa of iron ore in 2023. The mine will operate until 2039. Buy the profile here. 2. Bailadila Iron Ore Mines (Bacheli Complex) Located in Chhattisgarh, the Bailadila Iron Ore Mines (Bacheli Complex) is owned by NMDC. The surface mine produced an estimated 14.43 mtpa of iron ore in …

India's 2022/23 iron ore exports to hit five-year low

India is likely to export about 20 million tonnes of iron ore in 2022/23, down from 26.3 million last year, the officials said, with China still the biggest buyer by far. In May 2022, the government imposed a 50% export tax on low-grade iron ore lumps and fines - with iron content below 58% - and a 45% export duty on pellets in an effort to meet …

Types of Iron Ore in India and Its Production | Sree Metaliks

Iron Ore Mining in Major Indian States. India is the world's fifth-largest exporter of iron ore. About 50 to 60 percent of the iron ore production in India is exported to nations like Japan, Korea, Europe, and most recently, the Gulf States. India's largest export market for iron ore is Japan, which accounts for nearly three-fourths of all ...

India Metal Prices Today

Steel Prices; Material Location Current Price Change Price Date Unit; Beam Iron (150*150) Ghaziabad: 57,300.00: 0 (0%) : INR/Metric Tonne: Beam Iron (200*100)

India Iron Ore: Average Sale Price: Concentrate

India Iron Ore: Average Sale Price: Concentrate data was reported at 3,155.000 INR/Ton in May 2024. This records a decrease from the previous number of 3,693.000 INR/Ton for Apr 2024. India Iron Ore: Average Sale Price: Concentrate data is updated monthly, averaging 1,852.000 INR/Ton (Median) from Aug 2009 to May 2024, with 151 observations.

Iron Rate Today

Iron Rate Today provides daily updated rates of different types of iron prices and other related products information. Most active and famous iron industries and markets in India includes Durgapur, Mandi Gobindgarh, …

Steel sector is bleeding, share prices slump

Shares in steel and iron ore groups in India, including Tata Steel and JSW Steel plunged on Monday at the steepest pace since early 2020 after the government had imposed heavy export taxes on the …

IRON ORE PRICE

NMDC's iron ore output falls 37% in May; sales down 22 pc. India's largest iron ore miner, NMDC, reported a 37% decrease in production in May 2024, with monthly sales declining by 22%. The company's cumulative iron ore output fell to 5.82 MnT in April-May 2024, from 7.22 MnT in the year-ago period.

iron ore prices: Despite global cool-off, in India iron ore prices

Amit Dixit analyzes the impact of global iron ore price changes on NMDC in India, addressing the potential pressure on iron ore prices if steel prices decline, with insights into the dynamics of the Indian steel industry. Earlier NMDC prices were at a discount of 50%, now they are at a discount of roughly 30% compared to landed cost of …

IRON ORE Indian Minerals Yearbook 2019

GOVERNMENT OF INDIA MINISTRY OF MINES INDIAN BUREAU OF MINES Indira Bhavan, Civil Lines, NAGPUR – 440 001 PHONE/FAX NO. (0712) 2565471 PBX : (0712) 2562649, 2560544, 2560648 ... Iron & Steel Industry largely influences a country's economic status. The mining of iron ore, an essential

India plans to tweak iron ore sale price formula -document …

NEW DELHI, Dec 4 (Reuters) - India plans to tweak a formula to fix the average domestic sale price of iron ore, a key steelmaking raw material, according to a government note reviewed by Reuters ...

Indian Steel Mills Seek Iron Ore Export Ban as China Sales …

Any move by India to limit exports could underpin iron ore prices, one of the worst-performing major commodities so far this year. The government has stepped up in the past to safeguard the interest of local producers. In May 2022, it imposed a 50% export tax on all grades of iron ore to reduce costs and improve supply.

China's iron ore traders seek low-cost Indian supplies as …

China imported 33.5 million tonnes of Indian iron ore in 2021, including 6.9 million tons of iron ore pellet products, or about 3% of its total 1.12 billion tonnes of imports, according to S&P Global.

India's Steel Production: A Global Leader in Iron & Steel

* India's steel production is estimated to grow 4-7% to 123-127 MT in FY24. * Easy availability of low-cost manpower and presence of abundant iron ore reserves make India competitive in the global set up. * India is home to fifth-highest reserves of …