Author: Nishtha Mukherjee

India: NMDC hikes iron ore prices by up to INR 350/t for Feb deliveries

Jan 29, 2022

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by

Nishtha Mukherjee

in Fines/Lumps

India’s largest iron ore miner, NMDC, has raised prices by INR 200-350/t ($3-5) for Feb’22 deliveries, SteelMint learnt from sources. The revised offers are as follows: DR CLO (10-40mm, Fe 67%) – INR 6,040/t (+350/t) Baila fines (Fe 64%) – INR 4,260/t (+200/t) Prices are on FOR basis, excluding royalty and taxes. Factors behind the…