India’s largest merchant and state-owned Iron ore miner, NMDC has increased prices by INR 200-240/t, for Oct’20, SteelMint learned from credible sources. The prices of Baila lump & fines have increased by INR 200/t and that of DR CLO by INR 240/t. Tight iron ore supplies in the domestic market and increased finished steel prices have resulted in a price hike.
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