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05 Feb
15:48

NMDC lowers domestic iron ore prices again

Indian state-owned iron ore producer NMDC has again lowered its domestic prices for both lumps and fines for February. The price for 65% Fe 6-40mm lump ore falls to INR 2,600/ton (sic) ($36.31/ton), a reduction of INR 300/ton from the previous list dated 3 January 2019. The price for 64% Fe 10mm fines is lowered by INR 200/ton to INR 2,360/ton. The free on rail prices exclude royalties, taxes, District Mineral Foundation (DMF) dues, duties and levies, the compan…
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