India: NMDC rolls over iron ore prices for Nov’21

NMDC has kept iron ore prices unchanged for Nov’21 deliveries, SteelMint learned from sources. The company’s sales from its Chhattisgarh mines were up 29%, m-o-m, in Oct. The offers are as follows:

  • DR CLO (10-40mm, Fe 67%) – INR 6,910/t
  • Baila lump (6-40mm, Fe 65.5%) – INR 5,950/t
  • Baila fines (Fe 64%) – INR 4,760/t
  • Prices are on FOR basis and royalty and other taxes are extra.

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