Iron Prices

Stock of this smallcap iron & steel company has zoomed 225% in 2 months

Thus far in the month of August, shares of Jai Balaji Industries have rallied 58 per cent

NMDC hikes lump ore rate by Rs 100 per tonne; Rs 200 for fines

In a regulatory filing, the company said it has fixed the prices of per tonne lump ore at Rs 6,100 and that of fines at Rs 5,160 a tonne

Robust demand amid lower iron prices to boost steel margins in H2FY22: Icra

While weak demand growth in domestic market saw larger players resorting to exports to cushion the Covid impact of the past 14-16 months, smaller players languished, the rating agency said

Iron ore prices surge, but export curbs play spoilsport for Indian firms

An unexpected surge in Chinese demand has sent global iron ore prices to a six-and-a-half-year high but export restrictions prevent Indian companies from taking advantage

Oil, nickel and iron gain shine in 2019 as demand worries plague investors

All other base metals, fell by up to 12.3 per cent in 2019. Steel was almost flat, while thermal coal and natural gas were also among big losers.

Sponge iron prices zoom 25%, pig iron up 17% on hike in ore and coal rates

Unlike integrated steel plants which use iron ore fines, pellets and lumps to produce steel, sponge iron makers in India mostly use ore lumps in their Direct-Reduced Iron (DRI) furnaces