Business

NMDC raises iron ore prices by ₹500 a tonne

NMDC has revised the prices of iron ore lumps and fines by ₹500 a tonne with immediate effect.

The company, in a stock exchange filing on Wednesday, said with effect from December 2, the price is being revised to ₹4,500 per tonne for lump ore and ₹4,110 per tonne for fines. It had revised the price twice last month, to ₹3,600 per tonne (lump ore) and ₹3,310 tonne (fines) on November 4 and on November 17 to ₹4,000 and ₹3,610 respectively.

The FOR prices are excluding royalty, DMF, NMET, cess, forest permit fee and other taxes.

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Printable version | Jan 15, 2021 9:36:42 PM | https://www.thehindu.com/business/nmdc-raises-iron-ore-prices-by-500-a-tonne/article33233516.ece

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