New Delhi Steel majors have accused country's biggest iron ore producer NMDC of charging higher prices for ore while exporting at a lower rate and said the “anomaly in pricing mechanism” of the state-run company would lead to higher steel imports.
Steel producers said ore prices have come down globally to USD 133 at present from USD 177 a tonne in June last year but NMDC is hiking domestic prices due to anomaly in its pricing mechanism, a charge denied by the state-run company.
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/steel-cos-allege-nmdc-ore-export-price-lower
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/financial-express-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/national-mineral-development-corporation-nmdc
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/imports
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/iron
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/minerals
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/karnataka
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/orissa
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/jharkhand
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/essar-steel
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/mining
[12] http://admin.indiaenvironmentportal.org.in/category/thesaurus/iron-and-steel-industry-0
[13] http://admin.indiaenvironmentportal.org.in/category/thesaurus/industry