02
May
14:01
NMDC drops iron ore quotes amid sluggish sentiment
Amid global steel market sluggishness, Indian state-run iron ore miner NMDC has dropped its iron ore lumps and fines quotes by INR 300/tonne ($3.66) and INR 100/t respectively for May deliveries, Kallanish notes.
Effective 29 April, NMDC has pegged its 65.5% Fe, 6-40mm lump ore, and 64% Fe up to 10mm fines prices at INR 4,200/t and INR 4,010/t, respectively. The above prices exclude royalties, district mineral fund, national mineral exploration trust, cess, forest…
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Anonymous
Very good overview of the weekly steel market.
Anonymous