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
-
The Central and State Governments have taken various measures from time to time to promote and popularize small savings schemes through prin...
-
Nehru Yuva Kendra Sangathan has donated relief material for disaster hit people of Uttarkashi. Vice President of NYKS BP Singh and Directo...
-
The Forum of Regulators (FOR), a statutory body of Electricity Regulators with CERC Chairperson as Chair and SERC Chairpersons as Members, ...
-
Sr. No. District => Population Growth Rate Sex Ratio Literacy Density/km 1 Puducherry => 946,600 28.73 1031 86.13 3231 2 Karaikal...
-
The General Council of Sangeet Natak Akademi , the National Academy of Music, Dance and Drama, New Delhi has declared fellowships (...
-
The Ministry of Women and Child Development has issued the following guidelines/instructions to the State Governments/UT Administrations ...
-
The Ministry of Human Resource Development proposes to provide for 5000 faculty positions in the higher education under the Rashtriya Uch...
-
The Minister for Women and Child Development, Smt. Krishna Tirath along with the Minister for Health and Family Welfare, Sh. Ghulam Nabi Aza...
-
The Insurance Regulatory and Development Authority (IRDA) have issued a draft circular dated 11th October, 2013 to all the Life Insurers ...
-
The Union Finance Minister Shri P .Chidambaram said that Agriculture and Allied Sectors are critical sectors for inclusive growth. The ag...