Minister of Mines (Independent Charge), Shri Dinsha J. Patel informed Rajya Sabha today in a written reply that, National Mineral Development Corporation Limited (NMDC Ltd.), a Government of India Enterprise had been exporting iron ore to Japan and South Korea on long term agreement since 1963 and the last agreement has expired on 31st March 2011. The long term agreement for the next 3 year period starting from 2012-13 has been approved by Government. He further informed that comparison of long-term prices with spot prices cannot be done as long term prices are applicable for the entire year whereas the spot prices are fixed on day to day basis or even ship to ship basis.
You May Also Like
loading...
Popular Posts
-
An agreement for credit of US $ 165 million (equivalent) from World Bank for Maharashtra Rural Water Supply and Sanitation Program was si...
-
On the basis of the results of the Combined Defence Services Examination (I)-2014 held by the Union Public Service Commission on Februa...
-
Two new boys’ hostels namely Girnar and Udaigiri were inaugurated at IIT Delhi today. These hostels with a capacity of 1017 beds shall incr...
-
Mumbai, April 12 (IANS) The humble roadside cobbler has now been given an opportunity to acquire higher education, courtesy a state governm...
-
Mumbai, April 11 (IANS) Bollywood actor John Abraham, who made his debut in the industry with "Jism" a decade ago, feels blessed...
-
Sr. No. District => Population Growth Rate Sex Ratio Literacy Density/km 1 Thane => 11,054,131 35.94 880 86.18 1157 2 Pune => ...
-
Mumbai, April 12 (IANS) The "Lootera" team had their share of problems while filming the romantic period-drama. They have captur...
-
Mumbai, April 12 (IANS) Actor Vidyut Jamwal, who has been seen flaunting his well-sculpted body on the big screen, turned vegetarian more ...
-
Mumbai, April 22 (IANS) Over a million wholesale traders and manufacturers launched an indefinite strike here Monday opposing the Maharasht...
-
Union Minister for Tribal Affairs Shri V. Kishore Chandra Deo inaugurate the “Adishilp: the National Tribal Craft Mela in New Delhi today...
