Tag: NMDC cut iron ore prices

National Mineral Development Corporation (NMDC) has cut Iron ore Lump prices by INR 200/MT and kept Iron Fines prices unchanged for May, 2014 . NMDC, state controlled India’s largest Iron ore miner, which produced over 30 MnT in FY14 has cut Iron ore Lump prices by INR 200/MT, in an unexpected move. With mining ban…