Following price hike in Chhattisgarh mines, National Mineral Development Corporation (NMDC) has increased prices in today’s Karnataka e-auction too. The miner has increased its floor prices by around INR 200/t in both lumps and fines, depending on grades. Revised price of lump (Fe 64%) stands at INR 2,863/t and fines (Fe 64%) is at INR 2,066/t (basic, royalty, and other taxes extra).
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