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Industry NewsThe current position: Homepage > News > Industry News

Inida's NMDC cuts iron ore prices for Jul

Time:Wed, 03 Jul 2024 08:54:33 +0800

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Indian state-owned miner National Mineral Development Corporation (NMDC) has announced to cut its domestic prices for iron ore, effective from July 1.

After the announcement, its domestic prices for lump ore are at Rs 5,950/ton, dropping by Rs 500/ton and those for fine ore will be cut by Rs 500/ton to Rs 5,110/ton.

The prices are including royalty, District Mineral Fund (DMF), National Mineral Exploration Trust (DMET), cess, forest permit fee, and other taxes.
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