NMDC keeps Iron ore prices unchanged for Dec'12

NMDC keeps the Iron ore prices unchanged for December after reducing prices successively in October & November.

“NMDC had cut Iron ore lumps prices by 11% & fines by
approximately 3% in November. But looking at the current scenario, prices for December has been kept unchanged”, said sources.

Iron ore Prices for December are as follows: 

Size         Grade      Price (Rs/MT)

6-20mm      65         5402

10-150mm  64         4485

Fines          64          2616

NMDC prices –Basic, Royalty of Rs 400-500 Extra.