National Mineral Development Corporation (NMDC), a state-run iron ore miner, has revised the prices of Iron Ore for the month of June, 2014. The state-owned company has increased the prices of Lump Ore for the month of June, 2014 by Rs 300 a tonne to Rs 4600/WMT while prices of Fines is fixed at Rs 3,160/WMT.
NMDC is a state-controlled mineral producer of the Government of India. It is fully owned by the Government of India and is under administrative control of the Ministry of Steel.
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