Author: Monika Bajaj
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India: NMDC hikes iron ore prices by up to INR 1,500/t ($20)
India’s state-owned iron ore miner National Mineral Development Corporation (NMDC) has announced a price hike of 30% in fines and 10% in lumps w.e.f 12 May, SteelMint learned from credible sources. The revised prices are as follows: DR-CLO (10-40 mm, Fe 67%) – INR 8,880 (+810) Baila lump (6-40mm, Fe 65.5%) – INR 7,650 (+700)…