India’s largest merchant and state-owned iron ore miner, NMDC has announced 2nd price hike for Nov’20, SteelMint learned from credible sources. Offers for DR-CLO have been increased by INR 460/t and that of Baila lump and fines by INR 400/t & INR 300/t respectively. Consecutive price hikes in Odisha on limited availability in merchant market has attributed to increase in NMDC prices.
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