Tag: NMDC Iron Ore Prices
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India: NMDC iron ore lump prices drop to eight-month lows
PSU miner NMDC has cut iron ore prices sharply by INR 200-870/t for Dec’21 deliveries, SteelMint learnt from sources. Lumps prices have witnessed a comparatively sharper correction than fines. After today’s price cut, the miner’s lump offers have hit an eight-month low. Competitive pellet offers, dull response at recent auctions, and declining prices in Odisha…