Author: Nishtha Mukherjee

India: NMDC lowers iron ore prices by up to INR 400/t ($5/t) for Oct’21

Oct 5, 2021

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by

Nishtha Mukherjee

in Fines/Lumps

PSU miner NMDC has cut iron ore prices by INR 200-400/t ($3-5/t) for Oct’21, SteelMint learnt from sources. The revised offers are: Baila lump (6-40mm, Fe 65.5%) – INR 5,950/t (down INR 200/t, m-o-m). Baila fines (Fe 64%) – INR 4,760/t (down INR 400/t, m-o-m). DR CLO (10-40mm, Fe 67%) – INR 6,910/t (down INR…