NMDC slashes iron ore by ₹1,000 a tonne
The Hindu
Mining major NMDC has reduced prices of iron ore Lump and Fines by ₹1,000 a tonne respectively. Effective September 4, the new prices are ₹6,150 per tonne for Lump Ore and ₹5,160 for the same quantity
Mining major NMDC has reduced prices of iron ore Lump and Fines by ₹1,000 a tonne respectively. Effective September 4, the new prices are ₹6,150 per tonne for Lump Ore and ₹5,160 for the same quantity of Fines, the company said in a filing on Monday. This is the third month in a row the country’s largest iron ore producer has reduced the prices. In July, NMDC had reduced the prices by ₹200 per tonne, for both Lump and Fines. The next month it slashed the price of Lump by ₹300 a tonne to ₹7,150 and that of Fines by ₹200 to ₹6,160.
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