15
Aug
09:27
India's NMDC lowers iron ore prices
Indian state-run iron ore miner NMDC has revised its iron ore lumps and fines quotes downwards by INR 300/tonne from a month ago, Kallanish notes.
Effective 15 August, NMDC has pegged its 65.5% Fe, 6-40mm lump ore, and 64% Fe up to 10mm fines prices at INR 4,650/t ($60.31) and INR 3,910/t, respectively. It also tagged its 67.0% Fe ore at INR 5,970/t. The above prices are inclusive of royalties, district mineral fund, national mineral exploration trust but ex…
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Anonymous
Very good overview of the weekly steel market.
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