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04 Apr
19:50

NMDC lowers iron ore prices for April

Indian state-owned iron ore producer NMDC has lowered its domestic prices for April. The price for 65% Fe 6-40mm lump ore falls to INR 2,850/ton (sic) ($41.3/ton), a decrease of INR 150/ton from the previous list dated 25 February 2019. The price for 64% Fe 10mm fines is also lowered by INR 150/ton to INR 2,610/ton. The free on rail prices exclude royalties, taxes, District Mineral Foundation (DMF) dues, duties and levies, the company says. Prices take effect as…
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