India: NMDC raises pellet offers for domestic market

NMDC to Auction 180,000 MT Iron Ore from Chhattisgarh Mines

National Mineral Development Corporation (NMDC) is going to conduct an e-auction of 40,000 MT calibrated lump ore, 32,000 MT ROM, 60,000 MT iron ore lump and 48,000 MT iron ore fines.

Product description:

Product Grade Size(mm) Qty(in MT) Location
DRCLO Fe 67% 10-40 40,000 Bacheli Mechanical Railway Siding
ROM Fe 65.5% 10-150 32,000 Bacheli Mechanical Railway Siding
Lump Fe 65.5% 6-40 60,000 Kirandul Mechanical Railway Siding
Fines Fe 64% (-)10 32,000 Bacheli Mechanical Railway Siding
Fines Fe 64% (-)10 16,000 Kirandul Mechanical Railway Siding

Last date for submitting the required documents is 13 Apr’18 till 12:00 hrs and the auction will start on same day at 13:00 hrs.

For Contact and Other Details CLICK HERE

India’s largest iron ore miner has surprised the market by keeping iron ore prices unchanged for April deliveries from its Chhattisgarh mines. As per sources, stable demand has resulted in keeping prices unchanged for April. Last month the miner had reduced iron ore prices by INR 90-120/MT.


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