SteelMint

Tag: NMDC

  • India: Sponge producers urge NMDC to reduce iron ore prices

    India: Sponge producers urge NMDC to reduce iron ore prices

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    Admin Operation
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    The Sponge Iron Manufacturers’ Association (SIMA) has requested India’s leading iron ore miner NMDC to reduce DR-CLO grade lump prices by 15%, SteelMint learnt from sources. Most producers affiliated with SIMA are MSMEs with electric steelmaking facilities that churn out long products. After the outbreak of the second Covid wave in Apr’21, SIMA alleged, iron…