Tag: NMDC hike iron ore offers
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India: NMDC raises iron ore price by up to 10% for Jan’21 on improved sales
Last month, company’s fines had already hit an all-time high while lumps have now hit an eight-year high in prices. In its Dec’20 auctions from Chhattisgarh mines, bids were received above the set base price. The revised prices for Baila fines (Fe 64%) stands at INR 4,810/t, Baila lump (Fe 65.5%) is assessed at INR…