Author: BigMint Technologies Pvt Ltd
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NMDC Should Reduce Iron Ore Prices Substantially for May’16
With landed cost of Odisha iron ore to Chhattisgarh becoming comparatively lucrative, Chhattisgarh based plants are seen preferring Odisha iron ore over NMDC ore. Pressure on NMDC to reduce price will increase further for May’16 delivery. National Mineral Development Corporation (NMDC) had raised iron ore prices by INR 140-270/MT w.e.f 4 Apr’16. Prices of Baila…