NMDC Ltd -India’s largest iron ore producer has increased prices by 8-9% with effect from tomorrow credible market sources told SteelMint. Prices of Baila fines and lump have been increased by INR 200/t while the price of DR CLO has been raised by INR 230/t. Baila lump (Fe 65.5%) price has been set at INR 2,650/wet metric tonne (wmt), fines (Fe 64%) is set at INR 2,360/wmt and DR CLO (Fe 67%) price is at INR 3,080/wmt.
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