13
May
21:32
NMDC raises prices, output
NMDC has pegged its 65.5% Fe, 6-40mm lump ore and 64% Fe up to 10mm fines prices at INR 7,650/tonne ($104) and INR 6,560/t respectively, Kallanish notes. This is up INR 700/t and INR 1,500/t from mid-April.
The Indian iron ore miner’s sales soared 124% on-year in April, from a low base, to 3.09 million tonnes, while production grew 74% to 3.13mt.
Last October the Indian government gave its “in-principle” approval to the demerger of Nagarnar…
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Anonymous
Very good overview of the weekly steel market.
Anonymous