The iron ore spot prices remained stagnant last week.
Iron ore fines
FOB India
| Grade | Change |
| Fe 63.5/63% | 0% |
| Fe 63.5/62.5% | 0% |
| Fe 63/62% | 0% |
| Fe 62/61% | 0% |
| Fe 61/60% | 0% |
| Fe 60/59 % | 0% |
| Fe 59/58 % | 0% |
| Fe 58/57% | 0% |
| Fe 57/56 % | 0% |
| Fe 56/55% | 0% |
| Fe 55/54 % | 0% |
| Fe 54/ 53 % | 0% |
| Fe 53/52 % | 0% |
Change is on December 11th as compared to December 4th 2009
Despite the perceived firmness in domestic iron ore market due to Indian iron ore mess, iron ore prices at Barbil and Bellary did not appreciate.
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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.
(Sourced from www.steelprices-india.com)
