India’s largest merchant and govt-owned iron ore miner, NMDC has kept prices unchanged for June’21 deliveries, SteelMint learned from credible sources. The price announcement may give some relief to Indian steel mills and sponge players who were worried about the sharp hike in Odisha iron ore prices which rose by upto INR 2,000/t w-o-w. The offers are as follows :
- Baila lump (6-40mm, Fe 65.5%) – INR 7,650
- Baila fines (Fe 64%) – INR 6,560
FoR prices on per tonne basis, Royalty & taxes extra
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