Tag: NMDC Rake movement

Chhattisgarh based steel plants increased sourcing from NMDC (C.G.) sharply by 33% from 45 rakes (equivalent to 173,250 MT) in Nov’19 to 60 rakes (231,000 MT) in Dec’19. These figures did not include movement through the road. NMDC kept iron ore prices unchanged for Dec’19 which could be a major reason behind sharp increase in…