Tag: NMDC Iron Ore Prices
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India: NMDC Reduces Base Price in Karnataka Iron Ore E-auctions
India’s largest iron ore miner – National Mineral Development Corporation (NMDC) has decreased floor prices by around INR 300/MT in both lumps and fines (depending on grades) for Karnataka e-auctions to be held today (25th Sep’19). NMDC fines (Fe 64.34%) base price from Kumaraswamy mines is to INR 2,459/MT (basic), down by INR 307/MT against…