Author: Nishtha Mukherjee
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Cheaper South African Iron Ore Lump may force NMDC to cut May Prices
Cheaper Iron ore lump offers from South Africa may force NMDC to review their prices for May deliveries. South African lump prices have fallen to USD 64-66/MT, CNF India amid declining Iron ore prices in the global market. Current offers for South African imported lump (Fe 65%) are around USD 64-66/MT, CNF Krishnapatnam Port for…