National Mineral Development Corporation (NMDC) kept iron ore base prices in Karnataka e-auctions to be held in May’17 unchanged.
Iron ore base prices of NMDC Donimalai have seen no changes for May’17 however fines prices had gone up by INR 65-109/MT and that of lump have increased by INR 65-116/MT in Mar’17.
Presently Base prices of fines (Fe 60.2%) are at INR 2,246/MT and base prices of low grade fines (Fe 58%) are at INR 1,980/MT. Base prices of lump (Fe 62.2%) are at INR 2,575/MT.
|
Grade (Fe %) |
NMDC Donimalai E-auction Iron Ore Base Prices for May’17 in in INR/MT |
|||
|
Fines |
M-o-M |
Lump |
M-o-M |
|
|
67 |
3,068 |
0 |
3,127 |
0 |
|
66 |
2,947 |
0 |
3,012 |
0 |
|
65 |
2,827 |
0 |
2,897 |
0 |
|
64 |
2,706 |
0 |
2,782 |
0 |
|
58 |
1,980 |
0 |
2,093 |
0 |
|
57 |
1,859 |
0 |
1,978 |
0 |
Base prices mentioned are basic
Source: SteelMint Research
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