India: NMDC hikes iron ore prices by INR 200-240/t

India’s largest iron ore miner – NMDC has raised iron ore prices w.e.f today (30 Jun’20). Prices of lump and fines have been increased by INR 200/t and that of DR CLO by INR 240/t from its Chhattisgarh mines. Prices of Baila lump ore are at INR 2,450 per wet metric tonne (wmt), Baila iron ore fines are at INR 2,160/wmt and that of DR CLO is INR 2,850/wmt. FoR prices mentioned are excluding Royalty, DMF, NMET, and other taxes.


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