Tag: NMDC Rake movement

India: NMDC iron ore rake movement to state-based units up 21% in June’20

Jul 3, 2020

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by

Ankita Dutta

in Fines/Lumps

NMDC’s iron ore rake movement from its Chhattisgarh mines to state-based steel units has picked up 21% to 52 rakes in June’20 (0.20 mn t) as against 43 rakes a month ago (0.17 mn t), as per railway movement data maintained with SteelMint. NMDC had reduced iron ore prices by 17% each in April and…