NMDC, state run and India's largest iron ore miner have heard to cut iron ore lumps prices by Rs 250-350 per ton for April, although fines prices have been kept unchanged. There has been no official announcement from the company yet.
According to the source, current offers for 10-150mm are at Rs 4,000/t (Previous 4,260/t) and 6-40mm at around Rs 4,600/t (Previous 4,950/t) and fines at Rs 2,610/t (Unchanged).
