Author: Nishtha Mukherjee

India’s largest government-owned merchant iron ore miner, NMDC, has cut iron ore prices for Jul’21 deliveries by INR 200-230/t ($3), SteelMint learnt from credible sources. Drop in pellet and sponge iron prices along with a sharp decline in bids at OMC’s recent auction have resulted in the price correction. Bids at OMC’s auction dropped by…