Author: Nishtha Mukherjee
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India: NMDC cuts iron ore prices by around 20-25% for early June deliveries
The state-owned and India’s largest merchant iron ore mining company has slashed prices of lump ore by upto INR 1,320/t and fines INR 1,100/t, effective from 5th June, SteelMint learnt from credible sources. This is about 20-25% from the last price announcement which was made on 25 May’22. This is the second cut by the…