NMDC's Price Hike Shocks Steel Cos
  • Prabha Hedge
  • Jun 05 2014

June 5: Steel companies have been caught unawares by NMDC's move to hike iron ore prices by 9%. Also, global ore prices have slumped. Amritha Pillay shares a detailed report on how much of a hit will Indian steel companies take, owing to the latest developments.