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The Hindu·2 min read·medium

NMDC slashes iron ore prices

T
The Hindu Bureau
NMDC slashes iron ore prices
AI Summary

State-owned miner NMDC has reduced the prices of iron ore lumps and fines for the fourth time in four months. The company cites a strategy to support domestic steel demand and infrastructure growth despite recent price fluctuations.

State-owned miner NMDC has reduced iron ore prices by ₹250 a tonne for Baila Lump and by ₹150 for the same quantity of Baila Fines effective July 10.

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