Tag: Indian Iron Ore Prices
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India: NMDC Iron Ore Dispatches Fall Drastically in May’17
National Mineral Development Corporation (NMDC) is India’s single largest iron ore producer and clocked output of 22 MnT from its Chhatisgarh mines in FY17.The miner has observed sharp decline in iron ore dispatch volumes this month. Chhattisgarh based units which usually source around 70 rakes from NMDC every month have sharply reduced their sourcing since…