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04 Apr
13:20

NMDC further hikes iron ore prices

Indian state-run miner NMDC has hiked its iron ore prices for April domestic deliveries, the fourth hike since February, Kallanish notes. NMDC has increased quotes by INR 100/tonne ($1.32/t) and INR 200/t for 65.5% Fe, 6-40mm lump ore and 64% Fe up to 10mm fines, respectively. The miner has pegged its 65.5% Fe, 6-40mm lump ore, and 64% Fe up to 10mm fines prices at INR 6,100/t ($80.77) and INR 5,160/t ($68.32), respectively. The above prices exclude royalty, dis…
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