Neelachal Ispat Nigam Limited (NINL) has fixed its ex-works price for LAM coke at INR 14,000/MT, unchanged from the previous revision.
The company seems to have not revised the price upwards in view of low demand prevailing in the country.
The price of INR 14,000/MT corresponds to quantities upto 2,200 MT. For quantities in between 2,201-4,400 MT, the price is set lower at INR 13,750/MT. And, the price is fixed further lower at INR 13,500/MT for quantities above 4,400 MT.
Besides, NINL has also stated that the prices are applicable against full payment in advance.
LAM COKE SPECIFICATION
| PARAMETER | SPECIFICATION |
| Moisture | 3%(Max) |
| Ash(Dry Basis) | 12.5%(Max) |
| Volatile Matter(Dry Basis) | 1%(Max) |
| Fixed Carbon(Dry Basis) | 85%(Min) |
| Sulphur | 0.6%(Max) |
| M-40 | 82%(Min) |
| M-10 | 7%(Max) |
| CRI | 22%(Max) |
| CSR | 63.5%(Min) |
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