NMDC hikes lump ore rate by Rs 100 per tonne; Rs 200 for fines - Moneycontrol

The price hike came at a time when steel prices in India are trading at an all-time high. Iron ore is one of the key raw materials used in the manufacturing of steel, and any movement in the prices of the mineral has a direct impact on the rate of steel.

The country's largest iron ore miner NMDC on Friday hiked the prices of lump ore by Rs 100 a tonne and Rs 200 in case of fines with immediate effect. The price hike came at a time when steel prices … [+1311 chars]

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