With the impending gradual shift form benchmark pricing based long term contracts to spot cargos, it has become more vital for both sellers as well as buyers to precisely monitor the daily movements of iron ore spot prices to keep tab on trends and spot opportunities.
This has galvanized us to start reporting export prices on FOB East Coast basis for following grades.
Product Grade
Iron Ore Fines Fe 63.5/63%
Iron Ore Fines Fe 63.5/62.5%
Iron Ore Fines Fe 63/62 %
Iron Ore Fines Fe 62 / 61%
Iron Ore Fines Fe 61 / 60 %
Iron Ore Fines Fe 60/59 %
Iron Ore Fines Fe 59 / 58 %
Iron Ore Fines Fe 58 / 57%
Pricing information is updated as and when the levels change
In addition domestic prices at Bellary and Burbil are reported.
The yearly subscription charges are USD 600 or INR 30,000 plus service tax (For Indian clients) for 12 months of service for one user and USD 100 or INR 5,000 for every additional user.
To avail this service you can make registration at www.steelprices-india.com or send a mail for getting invoice at admin@steelprices-india.com with contact details or call us by phone at 0124-4048993. We would be happy to reply to your queries, if any.
Thursday, July 16, 2009
Spot prices of Indian origin iron ore fines
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