19
Jul
06:49
NMDC revises iron ore quotes
Indian state-run iron ore miner NMDC has revised its iron ore lumps and fines quotes for July deliveries, Kallanish notes.
Effective 18 July, NMDC has pegged its 65.5% Fe, 6-40mm lump ore, and 64% Fe up to 10mm fines prices at INR 4,950/t ($60.31) and INR 4,210/t, respectively. The above prices are inclusive of royalties, district mineral fund, national mineral exploration trust but exclusive of cess, forest permit fee, and other taxes.
On 29 May, NMDC fixed the …
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