NMDC increases iron ore prices by over 18 pc since August

NMDC has announced a new price hike for iron ore starting from October 23. Lump ore is now priced at Rs 6,350 per tonne, an increase of 10.43 per cent in October. Fines are priced at Rs 5,410 per tonne, rising nearly 8 per cent this month. These prices include various royalties and charges but exclude cess and other taxes.
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