Author: Nishtha Mukherjee

India: NMDC cuts iron ore prices by INR 500/t ($6) for July’24 deliveries. Know why?

Jun 30, 2024

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by

Nishtha Mukherjee

in Fines/Lumps

India’s largest merchant iron ore mining company, NMDC, decreased list prices of iron ore CLO (calibrated lump ore) and fines today by INR 500/t($6/t), BigMint learnt from sources. The company’s prices are effective from 30 June 2024. The miner has fixed prices of DR CLO (10-40mm, Fe67%) at INR 7,020/t ($84/t) and of iron ore…