India’s largest merchant and state-owned iron ore miner, NMDC has announced a price hike for Dec’20, SteelMint learned from credible sources. Offers for DR-CLO have been increased by INR 580/t and that of Baila lump and fines by INR 500/t. Consecutive price hikes in Odisha, rise in imported iron ore prices attributed to increase in NMDC prices.
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