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07 Nov
14:27

NMDC holds domestic iron ore prices for November

Indian state-owned iron ore producer NMDC has kept its prices level for both lumps and fines for November. The price for lump ore remains at INR 3,850/ton (sic) ($53.10/ton). The price for fines is likewise held at INR 3,310/ton. The free on rail prices exclude royalties, taxes, District Mineral Foundation (DMF) dues, duties and levies, the company says. Prices are valid from 27 October, NMDC adds. This follows three sharp increases in price implemented …
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