Sesa, NMDC shares fall on weak iron ore prices

Reuters Updated - December 07, 2021 at 01:29 AM.

Shares in Sesa Sterlite and NMDC Ltd are trading lower on weak iron ore prices. The shares of Sesa fell 0.4 per cent and NMDC was down 0.7 per cent.

Chinese iron ore futures fell amid persistent signs of tepid demand in China and growing supplies from top miners.

The industry outlook remain subdued because of global demand, says an analyst at a domestic brokerage.

Published on April 9, 2015 04:59