India: NMDC hikes iron ore offer upto INR 400/t in Karnataka e-auctions

India’s largest iron ore miner – National Mineral Development Corporation (NMDC) has announced an increase in floor prices for upcoming Karnataka e-auction. Base price of fines has increased by INR 300/t and lumps by around INR 400/t ($5). Few days back company was increased iron ore prices from Chhattisgarh upto INR 580/t m-o-m.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *