India: NMDC slashes pellet offers for domestic market

India’s largest state-owned iron ore miner, NMDC, has put on offer 27,000 t of pellets (Fe 63.5%) for sale at INR 11,800/t FOT Donimalai plant, as per latest reports received by SteelMint. The price validity is till 29 July’21. Pellet prices have moved down by INR 400/t against the last offer at INR 12,200/t floated towards end-Jun. The company has managed to book around 15,000 t of pellets through its Jun offer to Maharashtra and south India. NMDC is operating a 1.2 mn t pellet plant at Donimalai.


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