Tag: NMDC Iron ore rake movement
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India: NMDC Rolls Over Iron Ore Prices for May’17 Deliveries
India’s largest iron ore producer – National Mineral Development Corporation (NMDC) has kept iron ore prices unchanged for May’17 deliveries. NMDC achieved around 20% yearly growth in its iron ore output last fiscal and produced 34.03 MnT iron ore. It operates iron ore mines in Chhattisgarh and Karnataka. Since Mar’17, the miner has maintained iron…