Author: Nishtha Mukherjee

India: NMDC slashes iron ore prices by over INR 1,000/t ($14/t) for Sept’21

Sep 3, 2021

—

by

Nishtha Mukherjee

in Fines/Lumps

India’s largest government-owned merchant iron ore miner, NMDC, has cut iron ore prices for Sept’21 deliveries by INR 1,000-1,160/t ($14-16/t), SteelMint learnt from credible sources. The revised offers by NMDC are as follows: Baila lump (6-40mm, Fe 65.5%) – INR 6,150/t (down by INR 1,000/t m-o-m). Baila fines (Fe 64%) – INR 5,160/t (down by…