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2020-6-6NMDC the countrys largest iron ore miner on Tuesday said it has reduced prices of ore lumps and fines by Rs 400 per tonne. The company has reduced the price of lumps or high-grade iron ore by Rs 400 to Rs 2250 per tonne the company said in a BSE filing.. The price of iron ore fines which are inferior grade ore has also been reduced by Rs 400 to Rs 1960 per tonne.
Benchmark iron ore up as much as 1.8 Spot 62 iron ore rises to 84.5 per tonne Adds details Updates with closing prices BEIJING May 6 Reuters - Dalian iron ore futures ended higher on .
2020-6-15In this way within a span of one month the miner has reduced the iron ore by Rs 900 per tonne and DRCLO by Rs 1050 per tonne. The main customers of DRCLO are metal companies in Chhattisgarh. This reduction in the prices of iron ore has given a lot of relief to the steel companies especially sponge iron-based steel companies of Chhattisgarh.
Iron ore futures close up 1.2 Spot 62 iron ore rose to 84.5 per tonne on Monday Iron ore imports dip in March but demand seen resilient Adds details and analyst comment updates with .
With iron ore prices typically trading below US30 per tonne for many decades leading up to the 2000s the industry was a low-margin affair where miners would generate returns over the medium to longer-term on their initial investments.
New Delhi The countrys largest iron ore miner NMDC has slashed prices of lump ore and fines by Rs 50 per tonne. NMDC has reduced the price of lumps or high-grade iron ore by Rs 50 to Rs 3150 per tonne the company informed the BSE on Monday. The price of iron ore fines which are inferior grade ore has also been reduced by Rs 50 to Rs 2860 per tonne.
2020-6-29Iron ore was a major driver of Australias exports in March recording a 36 per cent monthly increase and a 47 per cent increase on last year. Iron ore is expected to be the first commodity .
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2020-6-2Currently the prices for 57-58 Fe grade iron ore are hovering around 68 per tonne a rise of 21 over 56 per tonne traded a month ago. Similarly prices of iron pellets have increased 18 to .
New ore deposits are becoming more difficult to exploit profitably locations are of in-house experience available for numerous iron ore beneficiation methods. The achievement of optimum cost per tonne while meeting quality criteria is of handling upgrading and concentrating from ore.
Iron ore prices are breaking records and are currently trading at a 52-week high of RMB 775.50 per metric tonne on the Dalian Commodity Exchange in China. Car and heavy truck sales coupled with falling steel inventory and rising steel prices across the global front is fuelling the iron ore market.
Commodity prices iron ore coal gas electricity steel cost. Thermal Coal Definition Thermal coal is Australian 1200 btupound less than 1 sulfur 14 ash fob NewcastlePort Kembla. This data is expressed in US metric tonne. Iron Ore Costs Iron ore price figures are for Chinese imported iron ore fines 62 Fe spot CFR Tianjin port.
2019-9-3The miners overall cost of production has dropped since 2015 to 48 per wet metric tonne for its iron ore. Mount Gibsons major shareholders are Hong.
The price of iron ore fines which are inferior grade ore has also been reduced by Rs 50 to Rs 2860 per tonne. This is the third price revision by NMDC in 2020. The revised prices exclude royalty DMF District Mineral Fund NMET National Mineral Exploration Trust cess forest permit fee and other taxes NMDC said adding that the new .
2020-4-25NEW DELHI Countrys largest iron ore producer NMDC National Mineral Development Corporation has increased the price of high grade iron ore lumps by Rs 400 to Rs 3000 per tonne.
Spot prices of iron ore with 62 iron content for delivery to China were unchanged from previous session at 84.5 per tonne on Wednesday. Stainless steel futures for June delivery edged up 0 .
Iron ore has leapt above US50 per tonne in a two-day rally that may provide a glimmer of hope for embattled Australian miners.
Diversified miners are ramping up iron ore production while single-metal miners continue to add to supply ultimately leading to oversupply and a further slump in the iron ore price.