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NMDC's iron ore price hits record on tighter domestic supplies

01, Dec 2020
India's state-owned iron ore miner - National Mineral Development Corporation (NMDC) has announced 2nd price hike iron ore for this month. Prices have increased further upto 11%.

The miner has raised price for Baila fines and lump by INR 300 and INR 400 respectively while that of DR CLO by INR 460/t. With today's price revision made, company's fines price has hit an all-time high while that of lumps are hovering close to five-year high levels.