NMDC may review iron ore exports to Japan, Posco
NMDC may review iron ore exports to Japan, Posco
India's largest iron ore producer and exporter, NMDC Ltd, may review exports to Japanese steel mills and South Korea's Posco in a bid to increase availability in the domestic market and restore the anomaly in net realisations from exports and domestic prices. Currently, domestic prices are higher than export realisations by 97-231 per cent, depending on the grades and mines.
Publication Date:
26/05/2008