Tag: NMDC Iron Ore Prices

PSU miner NMDC has cut iron ore prices by INR 200-400/tonne (t) ($3-5/t) for Oct’21 sales, SteelMint learnt from sources. The price cut in fines is higher than that of lumps which may be due to curtailed pellet production for the better part of Sept’21 owing to falling export realisations pressurising domestic offers. The revised…