New Delhi This is for the second consecutive quarter NMDC has raised prices

Iron ore miner NMDC has increased the contract price of the key steel-making raw material by 8-13% for the July-September period to cash in on the current demand-supply mismatch scenario in the market. “The NMDC Board, which met on Tuesday, has decided to increase the contract price for the July-September by 8% for fines and 13% for lumps,” a source, who was present at the meeting, told PTI.