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NMDC decreases prices of its Iron Ore

04 May 2016 Evaluate

National Mineral Development Corporation (NMDC) has decreased the prices of its Iron Ore with effect from May 04, 2016. The Lump ore price has been fixed at Rs 2,000 WMT while price of Fines has been fixed at Rs 1,660 WMT. The above prices are excluding royalty, taxes, DMF, NMET, Cess, Forest Permit Fee etc.

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 411.85
NMDC 74.30
Ashapura Minechem 503.65
Sandur Manganese 183.15
GMDC 491.85
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