Tag: NMDC Rake movement
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India: Chhattisgarh Units Reduce Iron Ore Sourcing from NMDC by 30% in Mar’19
According to railway movement data maintained with SteelMint, India’s largest iron ore miner NMDC supplied 48 rakes to state based units, down 30% against 69 rakes a month before. Perhaps drop is attributed to price rise by the miner upto INR 490/MT from Chattisgarh mines towards Feb’19 end. Few major Raipur based sponge manufacturers were…