Tag: NMDC Iron Ore Floor Prices
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India: NMDC Cuts Iron Ore Floor Prices in Karnataka E-auctions
Following price cut in Chhattisgarh mines, National Mineral Development Corporation (NMDC) has revised iron ore base prices for Karnataka e-auctions. Earlier, the miner had kept base prices unchanged for Apr’18 deliveries, i.e. in line with Mar’18 prices. In the latest revsion made, base prices have come down by INR 80-100/MT. The miner has yesterday announced…