03
Oct
12:03
NMDC production, sales increase, hikes October quotes
Indian state-run iron ore miner NMDC has increased its iron ore lumps and fines quotes each by INR 250/tonne ($3) for October deliveries, Kallanish notes.
Effective 1 October, NMDC has pegged its 65.5% Fe, 6-40mm lump ore, and 64% Fe up to 10mm fines prices at INR 5,200/t ($62.5) and INR 4,460/t, respectively. The above prices are inclusive of royalties, district mineral fund, and national mineral exploration trust, but exclusive of cess, forest permit fee, and ot…
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Anonymous
Very good overview of the weekly steel market.
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