Iron Prices, Latest Price, News, Market Analysis, Database
WEBNMDC, India's largest producer of iron ore, reduced the base prices for iron ores by 580730 INR/MT, causing the floor price of Fe 62% to average 3507 INR/MT for fines while 3900 INR/MT for lump. The iron ore prices will be reeling under pressure in the Indian domestic market owing to the imposition of export duty and the demand destruction.