NMDC signs four-year iron ore supply MoU with Steel Exchange India

India’s state-owned iron ore producer NMDC has signed a four-year memorandum of understanding (MoU) with Steel Exchange India Limited (SEIL) for long-term supply of iron ore fines. Under the agreement, SEIL will source consistent-grade iron ore fines from NMDC’s upcoming buffer stockpile and blending yard in Visakhapatnam. The arrangement will provide SEIL with proximity-based access [...]