India: NMDC rolls over iron ore prices for May

India’s largest iron ore miner NMDC has kept iron ore prices unchanged for May’22 deliveries, sources confirmed.

• Baila lump (6-40mm, Fe 65.5%) – INR 6,100/t
• DR CLO (10-40mm, Fe 67%) – INR 7,320/t
• Baila fines (Fe 64%) – INR 5,160/t
• Prices are on FOR basis, excluding royalty and taxes.