"NMDC likely to withdraw the 10% provisional increase in Prices"

Friday, April 08, 

NMDC will most likely withdraw the 10% provisional increase in its iron ore prices that came in effect at the start of April.* The withdrawal may come around the mid of the month. “NMDC is most likely to roll back the 10% provisional hike in iron ore prices around 15th of April.”, said Mr. Anil Nachrani, CG SIMA President.

The basic price lumps will be back to Rs 3,600 per MT.