16
Mar
19:13
NMDC slightly lowers iron ore prices
Indian state-owned iron ore producer NMDC has lowered its domestic iron ore prices slightly in its first change since mid-January in its latest price announcement. Before two increases in January, the company had left its prices unchanged since the middle of November.
The price for 65% Fe 6-40mm lump ore falls to INR 3,150/ton [sic] ($42.57/ton), INR 50/ton lower than the previous list dated 19 January 2019. The price for 64% Fe 10mm fines also falls by INR 5…
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