India’s NMDC keeps iron ore lumps and fines stable for June delivery

Monday, 07 June 2021 11:55:42 (GMT+3)   |   Kolkata
       

Indian state-rum miner NMDC Limited has announced that it will maintain its prices of iron ore lumps and fines unchanged for deliveries in June, according to a regulatory filing of the company on Monday, June 7.

The company stated that its iron ore lump price will be kept unchanged at INR 7,650/mt ($104.79/mt) and that its fines price is unchanged at INR 6,560/mt ($89.86/mt), ex-pithead.

The price is exclusive of royalty and mandatory payments to District Mineral Fund (DMF), National Mineral Exploration Trust (NMET), cess, forest permit fees and other statutory levies.

$1= INR 73.00


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