28
May
16:40
NMDC raises domestic iron ore prices
Indian state-owned iron ore producer NMDC has increased its domestic prices in its latest price move. The rise, coming late in the month, effectively meant that the miner had retained its April pricing for the majority of May’s business.
The price for 65% Fe 6-40mm lump ore rises to INR 3,100/ton [sic] ($44.55/ton), an increase of INR 250/ton from the previous list dated 3 April 2019. The price for 64% Fe 10mm fines is also raised by INR 250/ton to IN…
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Anonymous
Very good overview of the weekly steel market.
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