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India's NMDC Limited cuts iron ore fines and lumps prices for Aug 2026 deliveries-锻造展-2027年第二十七届广州国际锻造工业展览会-Forging Exhibition-2027 China(Guangzhou)International Forging Industry Exhibition 8/11/2026 锻造展-forging expo-forging exhibition--forging event |
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Indian government-run miner NMDC Limited has cut prices of iron ore lumps and fines for August deliveries.SteelOrbis learned from company sources on Monday, August 10.
The sources said that the price of iron ore lumps (Fe content 67 percent, 10-40 mm) has been reduced by INR200/mt ($2/mt) to INR 5,650/mt ($59.35/mt) ex-pithead, with the price of iron ore fines (Fe content 64 percent,less than 10 mm) reduced by INR 150/mt ($1.6/mt) to INR 4,550/mt ($46.22/mt) ex-pithead.
All prices are exclusive of mandatory taxes and levies like District Mineral Fund (DMF), National MineralExploration Trust (DMET) cess and forest permit fees
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