NMDC, India's largest Iron ore miner with 30 MnTPA production capacity has decided to hold Iron ore (lumps and fines) prices for September 2013, at levels equal to August.
Since October 2012, the state controlled miner having mining operations in the state of Karnataka and Chhattisgarh, has been unable to raise Iron ore offers.
NMDC's September Iron ore prices:
Iron ore lumps
6-40 mm & Fe 65 Kirandul lumps Rs 4,200/MT
10-150 mm & Fe 64 Bacheli ROM Rs 3,630/MT
Fe 64 Iron ore fines Rs 2,510/MT
Basic prices, excluding royalty and taxes
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