Author: Nishtha Mukherjee
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India: NMDC cuts Iron Ore Price by upto 11% for Feb’15
NMDC has reduced lump prices by INR 450/MT, fines by INR 300/MT & ROM by INR 390/MT for February, 2015. India’s largest Iron ore producer, NMDC has reduced Iron ore prices. Declining Iron ore prices in the domestic as well as global market and falling sales have compelled the miner to reduce prices. The miner…