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NMDC cuts iron lump ore prices by Rs 200 per tonne

05 Dec 2014 Evaluate

National Mineral Development Corporation (NMDC), a state-run iron ore miner, has revised the prices of Iron Ore for the month of December, 2014. The state-owned company had reduce the prices of Lump Ore by Rs 200 a tonne to Rs 4200/WMT. The price revision was based on supply-demand factors.

NMDC is a state-controlled mineral producer of the Government of India. It is fully owned by the Government of India and is under administrative control of the Ministry of Steel.

Peers
Company Name CMP
Coal India 419.00
NMDC 80.69
Ashapura Minechem 518.35
Sandur Manganese 182.00
GMDC 553.15
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