Tag: NMDC Iron Ore Prices

NMDC has reduced iron ore lump prices by INR 350-420/MT, ROM prices by INR 300/MT and fines prices by INR 200/MT for Oct’15 deliveries. NMDC, the state controlled miner has cut iron ore prices by INR 200-420/MT for Oct’15 deliveries. Reduced dispatches of iron ore, sufficient inventory and competitive imported offers might have forced the…