NINL Offers LAM Coke at INR 13,000/MT

NINL, one of the prime LAM coke producers in India, has advanced LAM coke at INR 13,000/MT. The company has increased prices by INR 1,500/MT for the month.

MMTC in concern for NINL, has floated a price circular for the present month with respect to offers of LAM coke on first-cum-first-serve basis. According to the circular dated 11 Apr’16, purchasers, who aiming to purchase LAM coke of upto 5,000 MT and Nut coke upto 3,500 MT, will be able to secure the material at INR 13,000/MT, ex-NINL (advance payment; exclusive of duties and taxes). ninl

[su_quote]A residential buyer told to SteelMint, “Surging expenses of raw material for coke (coking coal) and augmentation in clean energy cess to INR 400/MT have provoked worth rising of local material.”  [/su_quote]

Material description

S. No Details Norms
1 Type LAM Coke
2 Size 20–80 mm
3 Qty in MT 0-5,000
4 Total Moisture Upto 3%
5 Ash content Upto 12.5%

 

S. No Details Norms
1 Type NUT Coke
2 Size 10–25 mm
3 Qty in MT 0-3,500
4 Total Moisture Upto 3%
5 Ash content Upto 15%

Note: Price circular will be valid upto 30th Apr’16.


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