20
Nov
15:45
NMDC continues to lower domestic iron ore prices
Indian state-owned iron ore producer NMDC has lowered its domestic iron ore prices again in its latest price announcement. The company had left its prices unchanged for nearly two months prior to this.
The price for 65% Fe 6-40mm lump ore falls to INR 2,600/ton [sic] ($36.25/ton), INR 100/ton lower than the previous list dated 19 September 2019. The price for 64% Fe 10mm fines also falls by INR 100/ton to INR 2,360/ton. The free on rail prices exclude royal…
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Very good overview of the weekly steel market.
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