The spot prices of Indian iron ore fines for exports surged by about 2% further on July 20th 2009.
Iron ore fines
| Grade | % |
| Fe 63.5/63% | 1% |
| Fe 63.5/62.5% | 3% |
| Fe 63/62 % | 2% |
| Fe 62 / 61% | 2% |
| Fe 61 / 60 % | 2% |
| Fe 60/59 % | 0% |
| Fe 59 / 58 % | 0% |
| Fe 58 / 57% | 0% |
FOB levels East Indian port
Change is on July 20th 2009 as compared to July 17th 2009
The gain in prices since July beginning is as under
| Grade | % |
| Fe 63.5/63% | 13% |
| Fe 63.5/62.5% | 13% |
| Fe 63/62 % | 12% |
| Fe 62 / 61% | 13% |
| Fe 61 / 60 % | 14% |
| Fe 60/59 % | 13% |
| Fe 59 / 58 % | 13% |
| Fe 58 / 57% | 12% |
Change is on July 20th 2009 as compared to July 1st 2009
The gain in prices since the last low on April 26th is as under
| Grade | % |
| Fe 63.5/63% | 37% |
| Fe 63.5/62.5% | 41% |
| Fe 63/62 % | 40% |
| Fe 62 / 61% | 41% |
| Fe 61 / 60 % | 41% |
| Fe 60/59 % | 42% |
| Fe 59 / 58 % | 42% |
| Fe 58 / 57% | 47% |
Change is on July 20th 2009 as compared to April 26th 2009
You may like to an article “How long the Indian iron ore golden run would continue” dated July 15th 2009 on this matter by visiting www.steelguru.com
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(Sourced from www.steelprices-india.com)
