Tag: NMDC Iron Ore Prices
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NMDC Increases Iron Ore Prices Up to 24% for Oct’16 Deliveries
The miner raised lump prices by INR 400-460/MT, ROM by INR 360/MT and fines prices by INR 300/MT. National Mineral Development Corporation (NMDC) – India’s largest iron ore producer raised iron ore prices by INR 300-460/MT for Oct’16. Last month, the miner had rolled over iron ore prices. Factors determining NMDC’s iron ore price rise – Improved supply from Bailadila mines…