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NMDC tests local iron ore pricing
Mint Hyderabad
|June 03, 2025
India's key iron ore producer NMDC is testing a new pricing formula for its output to shield its profits from the volatilities reflected in global benchmarks, a source with direct knowledge of the matter told Reuters.
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State-run NMDC, which sells its output locally, currently releases monthly iron ore prices linked to inventories, international prices and domestic market dynamics. The company plans to launch the new formula after initial trials, the so
Esta historia es de la edición June 03, 2025 de Mint Hyderabad.
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