It's reported that National Mineral Development Corporation Limited (NMDC) announced to remain its iron ore domestic prices flat for May.
After the announcement, its domestic prices for lump ores are at INR4, 600/ton; those for iron ore fines are at INR2, 610/ton.
Meanwhile, it's learned that NMDC cut lump ore prices by 7% from a month ago to INR4,600/ton in April.