Aug 07, 2013, 05.40 PM IST
Iron ore lumps will now be available at Rs 4,300 a tonne and fines at Rs 2,510 per tonne amid subdued demand during the monsoon season
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NMDC cuts iron ore lump price by Rs 200/t; fines unchanged
Iron ore lumps will now be available at Rs 4,300 a tonne and fines at Rs 2,510 per tonne amid subdued demand during the monsoon season
Like this story, share it with millions of investors on M3
NMDC cuts iron ore lump price by Rs 200/t; fines unchanged
Iron ore lumps will now be available at Rs 4,300 a tonne and fines at Rs 2,510 per tonne amid subdued demand during the monsoon season
Also Read: NMDC Q1 PAT seen down 22.5% at Rs 1477 cr: Poll
Iron ore lumps will now be available at Rs 4,300 a tonne and fines at Rs 2,510 per tonne. NMDC's Director (Technical) NK Nanda said here the company's board today approved the reduction in the price of iron ore while leaving the price of fines unchanged.
Iron ore lumps are of a higher grade, with Fe content of 63-65 percent. Fines are of lower grade, with Fe content of less than 60 percent. NMDC shares were up 0.69 percent at Rs 95.50 on the BSE at 1410 hours.
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