Iron Prices

Amber Enterprises stock rose as much as 6.7 per cent to ₹7,517 apiece, its highest level since December 4, 2025 on the National Stock Exchange (NSE).

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

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

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

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.

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