Author: Nishtha Mukherjee

India: NMDC Proposes Price Cut of upto 17% for May Deliveries

May 8, 2020

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by

Nishtha Mukherjee

in Fines/Lumps

India’s largest iron ore miner – National Mineral Development Corporation (NMDC) is likely cut iron ore prices by upto 17% for May deliveries, SteelMint learned from its closed sources. Limited buying on curtailed output of domestic steel mills amid COVID-19 and available inventories have resulted in price cut by miner.