Tag: NMDC cuts prices in karnataka auction

India’s largest iron ore miner – National Mineral Development Corporation (NMDC) has announced reduction in floor prices in upcoming Karnataka e-auctions scheduled in Apr’19. Iron ore base prices at NMDC Kumaraswamy have decreased by around INR 150/MT in both fines and lumps. NMDC has decreased fines (Fe 63%) base price from Kumaraswamy mines by INR…