02
Jan
15:01
NMDC raises January prices after December sales drop
Indian state-run iron ore miner NMDC has further increased its iron ore prices for January deliveries, Kallanish notes.
NMDC has pegged its 65.5% Fe, 6-40mm lump ore, and 64% Fe up to 10mm fines prices at INR 4,300/tonne ($52) and INR 3,410/t, respectively. This compares to INR 4,100/t and INR 2,910/t respectively for December deliveries.
Prices exclude royalty, district mineral fund, national mineral exploration trust, cess, forest permit fee, and other taxes.
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Anonymous
Very good overview of the weekly steel market.
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