16
Aug
14:17
NMDC leaves domestic iron ore prices unchanged again
Indian state-owned iron ore producer NMDC has left domestic iron ore prices unchanged in its latest price announcement. The decision, implemented in early August but only communicated to the stock exchange halfway through the month, means that prices for both lumps and fines have remained static since 25 May.
The price for 65% Fe 6-40mm lump ore remains at INR 3,100/ton [sic] ($43.53/ton), unmoved from the previous list dated 29 Jun 2019. The price for 64% …
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