Steel Prices Price regulation of iron steel was abolished on Since then steel prices are determined by the interplay of market forces. Domestic steel prices are influenced by trends in raw material prices, demand – supply conditions in the market, international price trends among others.
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Overview of the steel and iron ore arket Overview of the global iron and steel maret Production trends According to preliminary data from the World Steel Association (WSA), global production rose percent to billion tonnes in 2018.
Sep 19, 2019· On August 20, the company had fixed prices of lump ore at Rs 2,900 per tonne and of iron ore fines at Rs 2,660 per tonne. Iron ore is the main ingredient used in making steel. NMDC produces about 35 million tonne of iron ore from three fully mechanised mines.
IRON ORE MONTHLY: Price spread between 65%, 62% Fe markets widens. The 62% Fe iron ore market trended lower in November, with prices falling % month on month, while the 65% price fell 1% from October. Read more
Mar 14, 2014· Iron ore prices registered their second biggest percentage fall in a single day on Monday when the benchmark price tumbled by % to close at per .
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