India, Sept. 9 -- 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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