With the impending gradual shift form benchmark pricing based long term contracts to spot cargos, it has become more vital for both sellers as well as buyers to precisely monitor the daily movements of iron ore spot prices to keep tab on trends and spot opportunities.
This has galvanized us to start reporting export prices of iron ore on FOB India basis for following grades.
| Grade |
| Fe 63.5/63% |
| Fe 63.5/62.5% |
| Fe 63/62 % |
| Fe 62/ 61% |
| Fe 61/ 60 % |
| Fe 60/59 % |
| Fe 59/58 % |
| Fe 58/57% |
| Fe 57/56% |
| Fe 56/55% |
| Fe 55/54% |
| Fe 54/53% |
| Fe 53/52% |
| Fe 52/51% |
Pricing information is updated as and when the levels change
In addition domestic prices at Bellary and Burbil are reported.
To know exact level FOB East Coast spot prices subscribe to “Iron Ore Services” of www.steelprices-india.com by registering or sending a mail to admin@steelprices-india.com along with your full contact details. Please note that this is a paid service with subscription charges of USD 750 or INR 30,000 plus ST for 12 months.
The accuracy and the speed of reporting changes is well appreciated by not only Indian miners, but by global iron ore majors as well as Chinese mills as many of them have subscribed to this service to maintain another but solid listening post as far as Indian spot market is concerned.
To avail this service you can make registration at www.steelprices-india.com or send a mail for getting invoice at admin@steelprices-india.com with contact details or call us at 0124-4048993.
(Sourced from www.steelprices-india.com)
