NMDC Cuts Iron Ore Prices by Rs 100 Per Tonne

Posted By: Religare
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State-run iron ore producer NMDC said that it has cut the iron ore prices by Rs 100 per tonne on both lumps and fines in its monthly price revision that comes into effect from Thursday.

NMDC Cuts Iron Ore Prices by Rs 100 Per Tonne
NMDC: Quotes, News
BSE 128.45BSE Quote0.05 (0.04%)
NSE 128.10NSE Quote0.5 (0.39%)

It has fixed Rs 2,300 per tonne for lumps and Rs 2,060 for fines as compared to the existing rates of Rs 2,400 and Rs 2,160 respectively.

Meanwhile, shares of the company were trading at Rs 118.50 apiece, down 0.84 per cent from the previous close at 11:47 hours on BSE.

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