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VERIFIEDET Finance·positive
NMDC increases high-grade iron ore prices by Rs 150/tonne
AI Summary
- ·NMDC has increased its high-grade iron ore price by Rs 150 per tonne to Rs 5,400 per tonne.
- ·The company has not changed the price of iron ore fines.
- ·Reduced iron ore production due to monsoon disruptions and improving steel sentiment contributed to the price hike.