Week 31 witnessed upbeat sentiments among miners as the spot iron ore prices kept inching up.
It is reported that Indian Fines Fe 63.5/63 heard trading at USD 187.5 keeping the sentiments bullish.
But, the offers at USD 188 per tonne to USD 190 per tonne are facing feeble resistance till the market acquiesces.
Iron ore fines
FOB India
| Grade | Change |
| Fe 63.5/63% | 2% |
| Fe 63.5/62.5% | 2% |
| Fe 63/62% | 2% |
| Fe 62/61% | 3% |
| Fe 61/60% | 3% |
| Fe 60/59 % | 3% |
| Fe 59/58 % | 3% |
| Fe 58/57% | 4% |
| Fe 57/56 % | 4% |
| Fe 56/55% | 5% |
| Fe 55/54 % | 5% |
| Fe 54/ 53 % | 7% |
| Fe 53/52 % | 8% |
| Fe 52/51 % | 7% |
Change is on Aug 5th as compared to 29th July 2011
To know exact levels 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.
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.
How to subscribe
1. Register at www.steelprices-india.com and pay on line or ask for invoice
2. Send mail to admin@steelprices-india.com.
3. Call at 0091-124-3007891/2/3
(Sourced from www.steelprices-india.com)
