Tag: iron ore price

India: NMDC reduces iron ore prices by up to INR 650/t ($7/t) in Oct’25

Oct 22, 2025

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by

Vaibhav Dubey

in Fines/Lumps

India steel index slips m-o-m on weakening domestic prices Falling sponge iron prices and cost-competitive landed pellet offers weigh on Raipur offers India’s largest merchant iron ore mining company, NMDC, reduced its list prices of iron ore CLO (calibrated lump ore) and fines on 22 October 2025, BigMint learnt from sources. The miner has fixed…