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(09/09/2026 13:26)

Steel Exchange India signs MoU with NMDC for long-term iron ore supply

Steel Exchange India Ltd has entered into an agreement with NMDC for sourcing iron ore from the state-run miner's upcoming facility in Visakhapatnam, Andhra Pradesh.

The pact will provide the company with long-term access to consistent-grade iron ore fines containing 61-63% Fe, supporting its integrated steel manufacturing operations.

The agreement establishes the commercial and operational framework for procuring iron ore from NMDC's upcoming buffer stockpile and blending yard at Visakhapatnam.

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