Tag: NMDC Iron Ore Prices

National Mineral Development Corporation (NMDC) has reduced iron ore prices by upto 12% M-o-M for June’16 deliveries. Baila lump and fines prices have come down by INR 200/MT, ROM by INR 180/MT and DR-CLO prices have fallen by INR 230/MT. In May’16, the miner had cut prices by upto 11% following which procurement from Chhattisgarh…