Indian NMDC Remains Ore Prices Flat for September

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The Indian state-owned miner National Mineral Development Corporation (NMDC) announced to remain its domestic prices for ore unchanged for September.

After the announcement, its domestic prices for lump ore are at INR4,200/ton; those for fine ore are at INR2,510/ton.

Meanwhile, NMDC’s net profits slumped by 17.51% to INR15.72 billion in the second quarter of this year.

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