Taking a cue from increase in iron ore prices in China and surging steel prices in India, India’s state owned leading iron ore miner NMDC has announced price hikes for lumps & fineLumps Fe 65.5% - INR 4400 per tonne, up 2% or INR 100 over January priceFines Fe 64% - INR 3910 per tonne, up 15% or INR 500 over January priceThe FOR prices are excluding Royalty, DMF, NMET, Cess, Forest Permit Fee and other taxes
Taking a cue from increase in iron ore prices in China and surging steel prices in India, India’s state owned leading iron ore miner NMDC has announced price hikes for lumps & fineLumps Fe 65.5% - INR 4400 per tonne, up 2% or INR 100 over January priceFines Fe 64% - INR 3910 per tonne, up 15% or INR 500 over January priceThe FOR prices are excluding Royalty, DMF, NMET, Cess, Forest Permit Fee and other taxes