Author: Indranath Jha
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India: NMDC hikes iron ore prices by up to INR 200/t ($3/t)
India’s largest merchant iron ore miner NMDC has raised iron ore list prices by up to INR 200/t today for Apr’22 deliveries. Baila lump (6-40mm, Fe 65.5%) – INR 6,100/t (+100/t) DR CLO (10-40mm, Fe 67%) – INR 7,320/t (+120/t) Baila fines (Fe 64%) – INR 5,160/t (+200/t) Prices are on FOR basis, excluding royalty…