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NMDC hikes iron ore prices by up to Rs 300 a tonne

Last Updated: Wednesday, June 04, 2014, 22:55

State-run miner NMDC has raised iron ore prices by Rs 250-300 a tonne for June allegedly aimed at cashing in on subdued domestic supply scenario, a move that might stoke steel prices.

NMDC keeps May iron ore prices unchanged

Last Updated: Friday, May 03, 2013, 20:23

State-run miner NMDC Friday decided to keep the prices of iron ore unchanged for the current month after slashing the price of higher grade iron ore (lumps) six times since last October.

Consultant soon to advice NMDC on iron ore pricing

Last Updated: Thursday, September 20, 2012, 21:59

State-owned miner NMDC is in the process of appointing an international consultant to advise iron ore pricing mechanism, a top official said Thursday.

NMDC in talks with 2 firms to buy assets in Mozambique, Russia

Last Updated: Wednesday, September 19, 2012, 18:57

"The exploration activity is complete in the precise area and is due for the grant of mining license," NMDC's acting chairman C S Verma said in company's annual report for 2011-12.

NMDC shares up over 4% on hike in iron ore prices

Last Updated: Wednesday, August 22, 2012, 11:04

Shares of iron ore miner NMDC on Wednesday rose by over 4 percent after the company hiked prices by 8-13 percent for July-September period.

NMDC hikes iron ore prices by 8-13%

Last Updated: Tuesday, August 21, 2012, 18:20

Iron ore miner NMDC has increased the contract price of key steel-making raw material by 8-13 percent for the July-September period to cash in on the current demand-supply mismatch scenario in the market.