Author: Indranath Jha
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India: NMDC Lowers Base Price in Karnataka Iron Ore E-auctions
Following price cut in Chhattisgarh mines, India’s largest iron ore miner – National Mineral Development Corporation (NMDC) has lowered prices in Karnataka too. The miner has decreased its floor prices by around INR 350-500/MT in both lumps and fines, depending on grades for Karnataka e-auctions scheduled tomorrow (10th Apr’20). The base price of NMDC fines…