NMDC slashes iron ore prices

November 30, 2021 10:49 pm | Updated 10:49 pm IST - HYDERABAD

An inside view at one of the NMDC iron ore mine. Photo: Handout

An inside view at one of the NMDC iron ore mine. Photo: Handout

NMDC has reduced iron ore prices by ₹750 for a tonne of Lump and by ₹200 for the same quantity of Fines. Effective November 30, the new prices are ₹5,200 per tonne for Lump Ore and ₹4,560 for Fines, the country’s largest iron producer said in a filing on Tuesday. NMDC had last changed the prices in October to ₹5,950 and ₹4,760 respectively.

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