Sunday, March 16, 2025 | 12:30 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

After NMDC, Odisha miners follow suit and hike iron ore prices

Key merchant iron ore producers in Odisha like Rungta Mines and KJS Ahluwalia have gone for sharp price increases

Coal shortage
Premium

Uttar Pradesh was the first to complain that it was only NTPC that was getting coal

Jayajit Dash Bhubaneswar
Taking cues from NMDC, the country's largest iron ore miner, lessees in Odisha have hiked ore prices by up to Rs 500 per tonne in less than a month. Over the past two weeks, prices of 62.5 per cent-grade iron ore fines have appreciated by 12-14 per cent, much in line with the steep hikes effected by NMDC for its December deliveries.  

Key merchant iron ore producers in Odisha like Rungta Mines and KJS Ahluwalia have gone for sharp price increases. For Rungta Mines, ex-mine price of 62.5-grade iron ore fines has gone up from Rs 1,575 to Rs 1,925

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in