India plans to tweak iron ore sale price formula

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 ...

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Iron Ore: Average Sale Price: Lumps: Below 55% Fe: …

Iron Ore: Average Sale Price: Lumps: Below 55% Fe: Maharashtra data was reported at 2,424.000 INR/Ton in Mar 2022. This records an increase from the previous number of 2,376.000 INR/Ton for Feb 2022. Iron Ore: Average Sale Price: Lumps: Below 55% Fe: Maharashtra data is updated monthly, averaging 1,440.000 INR/Ton (Median) from Feb 2011 to Mar 2022, with …

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Lower Iron Ore Prices Have A Dual Impact On Indian …

Global iron ore prices have fallen almost 55% from their 2021 peak, driven by China's weak economic growth and oversupply due to new miners. This downtrend has slipped into India's price trajectory as well, with the Odisha iron price hitting a 52-week low of Rs 5,800 per tonne as of Aug 13.

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Iron Ore Prices in India Market

Get information about Iron Ore Price in various regions of India at SteelMint. ... India: Iron ore imports reach 6-year high in Nov'24 on global price drop, lower domestic dispatches. Fines/Lumps. 07 Dec 11:52 IST. India: BigMint's iron ore fines export index rises $2/t w-o-w amid Chinese holiday restocking.

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India Iron Ore: Average Sale Price: Fines: 58

101 rowsIndia Iron Ore: Average Sale Price: Fines: 58 - 60% Fe data is updated …

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Steel Prices and Iron Ore Prices in India, Industry News and …

India: NMDC announces second iron ore price hike in Oct'24. 23 Oct, 2024 07:29 IST. HRC. India: Steel ministry proposes 25% safeguard duty on imports. 03 Dec, 2024 14:28 IST. Rebar. India: BF-rebar trade prices decline by INR 1,000/t ($12/t) amid sluggish demand. 28 …

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Iron Ore Monthly Price

Monthly price chart and freely downloadable data for Iron Ore. Price in Indian Rupee per Dry Metric Ton. 12 month history. Toggle navigation. Commodity Price Indices . ... Description: Iron ore (any origin) fines, spot price, c.f.r. China, 62% Fe …

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India Iron Ore: Average Sale Price: Fines: 55

India Iron Ore: Average Sale Price: Fines: 55 - 58% Fe data is updated monthly, averaging 1,528.000 INR/Ton (Median) from Feb 2011 to Sep 2024, with 163 observations. The data …

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IRON ORE PRICE

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 imports. ...

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India Iron Ore Mining to 2030

Over the forecast period (2024-30), India's iron ore production is expected to decline at a compound annual growth rate (CAGR) of -1.3%, to 235.2Mt by 2030, due to the planned closure of major mines including the Koira and …

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Steel Prices and Iron Ore Prices in India, Industry News and …

India: NMDC hikes iron ore prices up to INR 400/t ($5) for Oct deliveries. Know why?

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Iron Ore: Average Sale Price: Fines: 58

Iron Ore: Average Sale Price: Fines: 58 - 60% Fe: Jharkhand data was reported at 3,128.000 INR/Ton in Aug 2024. This records an increase from the previous number of 2,848.000 INR/Ton for Apr 2024. Iron Ore: Average Sale Price: Fines: 58 - 60% Fe: Jharkhand data is updated monthly, averaging 1,303.000 INR/Ton (Median) from Apr 2011 to Aug 2024, with 99 …

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India Iron Ore Market (2024-2030) | Trends, Outlook

India Iron Ore Market Synopsis . The India iron ore market is expected to witness a CAGR of around 7.6% during the forecast period 2020-2026. India is one of the major producers and exporters of iron ore in the world, with large reserves available in Karnataka, Jharkhand, Chhattisgarh, Telangana and Goa States.

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India's Iron Ore Market Report 2024

The Indian iron ore market contracted dramatically to $6.9B in 2023, with a decrease of -28.8% against the previous year. Over the period under review, consumption saw a deep downturn. Over the period under review, the market attained the peak level at $13.5B in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

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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.

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Iron Ore: Average Sale Price: Fines: 55

Iron Ore: Average Sale Price: Fines: 55 - 58% Fe: Orissa data was reported at 3,000.000 INR/Ton in Aug 2024. This records a decrease from the previous number of 3,182.000 INR/Ton for Jul 2024. Iron Ore: Average Sale Price: Fines: 55 - 58% Fe: Orissa data is updated monthly, averaging 1,200.000 INR/Ton (Median) from Apr 2011 to Aug 2024, with 160 observations.

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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, Indore, Jalna, Raipur, …

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India Iron Ore: Average Sale Price: Fines: 62

India Iron Ore: Average Sale Price: Fines: 62 - 65% Fe data is updated monthly, averaging 2,296.500 INR/Ton (Median) from Aug 2009 to May 2024, with 178 observations. The data reached an all-time high of 7,787.000 INR/Ton in Jul 2021 and a record low of 486.000 INR/Ton in Sep 2009. India Iron Ore: Average Sale Price: Fines: 62 - 65% Fe data ...

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Iron Ore: Average Sale Price: Fines: 60

Iron Ore: Average Sale Price: Fines: 60 - 62% Fe: Karnataka data was reported at 3,944.000 INR/Ton in Sep 2024. This records a decrease from the previous number of 4,151.000 INR/Ton for Aug 2024. Iron Ore: Average Sale Price: Fines: 60 - 62% Fe: Karnataka data is updated monthly, averaging 2,509.000 INR/Ton (Median) from Feb 2011 to Sep 2024, with …

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Iron Ore Monthly Price

Monthly price chart and freely downloadable data for Iron Ore. Price in Indian Rupee per Dry Metric Ton. 310 month history. Toggle navigation. Commodity Price Indices . ... Description: Iron ore (any origin) fines, spot price, c.f.r. China, 62% Fe …

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SteelMint

This SteelMint module provides information about Iron Ore Price Dynamics in India & Global Market. This SteelMint module provides information about Iron Ore Price Dynamics in India & Global Market Sign In ... India: Odisha iron ore fines index falls INR 50/t ($0.5/t) amid limited trades. Fines/Lumps.

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Indian Bureau of Mines,Nagpur

Average Sale Price of Mineral for the year 2023 (January to December), Please click here. Average Sale Price of Mineral for the year 2022 ... NAGPUR- 440 001 (INDIA) Phone : + 91 712 2560041. Fax : + 91 712 2565073. email : cg[at]ibm[dot]gov[dot]in . You are Visitor No: 4742583

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India Iron Ore: Average Sale Price: Fines: 65% Fe & Above

India Iron Ore: Average Sale Price: Fines: 65% Fe & Above data is updated monthly, averaging 3,081.500 INR/Ton (Median) from Aug 2009 to Aug 2024, with 166 observations. The data …

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Steel Coal and Iron ore report

Indian overview of iron ore industry 1.2.4. Challenges 1.2.5. What is to be done 1.3 Steel 1.3.1 Overview of steel 1.3.2. Global overview of steel industry ... subject to wide price fluctuation. Coking coal reserves in India stands at 34.5 billion tons …

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NMDC raises iron ore prices by Rs 200 as steel raw

India's iron ore consumption is slated to increase to 255-260 million tonnes (mt) by 2024-25 (FY25), as per a SteelMint forecast. The prices were last revised in November.

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SIMA. Providing input solutions to Steel Industry

SIMA has come a long way since inception to bring all sponge iron manufacturers together. Now in a multi-dimensional role, it represents the Indian DRI Industry and provides a common platform for regular interface with the Government of India and other regulatory authorities. Important Links. About us; Members;

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Iron Ore Price in India

Iron Ore Price in India (FOB) - 2023. The average iron ore export price stood at $73.4 per ton in July 2023, with an increase of 3.5% against the previous month. In general, the export price showed a noticeable expansion. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 71% against the ...

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Indian Mineral Industry at a Glance

"Indian Mineral Industry at a Glance 2020-21" is the 40th edition ... Wholesale Price Index (By Groups) : 30 Gross Domestic Product (GDP) at Current Prices : 31-32 ... copper ore and concentrates, iron ore, lead and zinc concentrates, manganese ore, silver, diamond, limestone, phosphorite, sillimanite etc. had gone up whereas that of gold ...

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Exclusive-India Proposes National Iron Ore Exchange to …

NEW DELHI (Reuters) - 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 …

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Indian Iron Ore Fines at Best Price in Bhubaneswar

Big Bus International, Established in 2016 at Bhubaneswar in Odisha, is a leading Exporter,Manufacturer,Supplier of Metals & Alloys in India. Big Bus International is one of Trade India's verified and trusted sellers of listed products. With extensive experience in supplying and trading Indian Iron Ore Fines, Big Bus International has made a reputed name for itself in the …

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India's Iron Ore Price Decreases 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 increase of 31 ...

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Iron Ore Price in India Drops Dramatically to $34 per Ton

India Iron Ore Export Price in September 2022. In September 2022, the iron ore price amounted to $34.0 per ton (FOB, India), dropping by -31.5% against the previous month. Overall, the export price saw a drastic downturn. The most prominent rate of growth was recorded in February 2022 when the average export price increased by 31% m-o-m.

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ET Explainer: New formula on cards to fix …

India is readying a new approach to benchmark the price of iron ore sold in the country. Under the proposed plan, domestic iron ore prices would be linked to an international marker like the London Metal Exchange (LME). …

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Iron ore fines 62% Fe CFR Futures Price Today

View the live price chart, today's range, previous close, and 52-week performance. Get key contract details such as settlement type and contract size for Iron ore fines 62% Fe CFR Futures...

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India Iron Ore: Average Sale Price: Concentrate

India Iron Ore: Average Sale Price: Concentrate data was reported at 3,945.000 INR/Ton in Aug 2024. This records a decrease from the previous number of 4,271.000 INR/Ton for Jul 2024. India Iron Ore: Average Sale Price: Concentrate data is updated monthly, averaging 1,867.000 INR/Ton (Median) from Aug 2009 to Aug 2024, with 154 observations.

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Iron Ore Price: China's Iron Ore Imports to Hit Record High

Indian Iron Ore Price Too Tempting for China. India has both high-grade and low-grade ores. That said, the latter is typically more impure and has a lower percentage of iron compared to high-grade ...

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