Tag: NMDC Iron Ore Prices

India’s largest iron ore producer – National Mineral Development Corporation (NMDC) has kept iron ore prices unchanged for Jun’17 deliveries. NMDC achieved around 20% yearly growth in its iron ore output last fiscal and produced 34.03 MnT iron ore. Amid reduced offtake from Chhattisgarh based units in May’17 and decline in sponge prices, market sources were anticipating price cut, but the miner has announced a roll over in…