India’s largest merchant and state-owned Iron ore miner, NMDC has increased prices by INR 300-340/t, for Sept’20 SteelMint learned from credible sources. Prices of Baila lump and fines have increased by INR 300/t and that of DR CLO by INR 340/t. Domestic iron ore prices in India have rallied on limited merchant availability in Odisha as most of the auctioned mines are yet to resume production.
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