2023 2024 Student Forum > Management Forum > Main Forum

 
  #2  
10th June 2016, 09:20 AM
Super Moderator
 
Join Date: Aug 2012
Re: Current Price Of Sponge Iron In India

From the steel industry is provides sponge iron prices down by 6 per cent in June to touch the cost of production.

Experts believe the price of the raw material used to make steel will rebound after the lean season.

Data compiled by OreTeam Exim, a Delhi-based research firm, showed sponge iron prices fell in the Raipur market by Rs 1,100 since June 1 to trade currently at Rs 16,800 a tonne.

Company PRICE() CHG(%)
LAK. Mach. Works 3637.05 7.30
Gateway Distr. 306.80 6.10
Engineers India 192.60 5.33
Radico Khaitan 91.45 5.30
Firstsour.Solu. 42.10 5.25

Steel prices have declined since June 1. The benchmark MS ingot fell to Rs 28,600 a tonne from Rs 29,200.

Shredded scrap is quoted at $315-320 a tonne from $330-335 a tonne a month ago, coal of Australia origin is traded at $62 a tonne now from $64


Quick Reply
Your Username: Click here to log in

Message:
Options




All times are GMT +5. The time now is 09:30 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
SEO by vBSEO 3.6.0 PL2

1 2 3 4