02
Dec
16:37
NMDC slashes iron ore prices amid sluggish demand
Amid the global finished steel markets downtrend and plunging Indian finished steel market, Indian state-run miner NMDC has slashed its iron ore prices for December deliveries.
NMDC reduced its domestic iron ore prices for December deliveries by INR 750/tonne ($10/t) and INR 200/t for 65.5% Fe, 6-40mm lump ore and 64% Fe up to 10mm fines, respectively.
The iron ore miner has pegged its 65.5% Fe, 6-40mm lump ore, and 64% Fe up to 10mm fines prices at INR 5,200/t a…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous