Indian state-owned miner National Mineral Development Corporation (NMDC) has announced to lower its domestic prices for iron ore in November. 

After the announcement, its domestic prices for lump ore are at Rs 2,400/ton, dropping by Rs 100/ton and those for fine ore will be increased by Rs 100/ton to Rs 1,560/ton. 

The company’s sales totaled 15.91 million tons during April to October and the output of iron ore reached 15.09 million tons.(Article from the Internet for reference only)

• [Editor:Sophie]