India’s largest iron ore miner – National Mineral Development Corporation (NMDC) is going to conduct an e-auction of 60,000 MT calibrated lump ore, 16,000 MT ROM, 72,000 MT iron ore lump and 40,000 MT iron ore fines.
Product description:
| Product | Grade | Size(mm) | Qty(in MT) | Location |
| DRCLO | Fe 67% | 10-40 | 60,000 | Bacheli Mechanical Railway Siding |
| ROM | Fe 65.5% | 10-150 | 16,000 | Bacheli Mechanical Railway Siding |
| Lump | Fe 65.5% | 6-40 | 40,000 | Kirandul Mechanical Railway Siding |
| Fines | Fe 64% | (-)10 | 60,000 | Bacheli Mechanical Railway Siding |
| Fines | Fe 64% | (-)10 | 12,000 | Kirandul Mechanical Railway Siding |
Source: SteelMint Research
Last date for submitting the required documents is 13 Dec’18 and the auction will start on same day at 13:00 hrs.
For contact details and other information view TENDER SECTION
NMDC reduced iron ore prices by 7.8% for its December deliveies from Chhattisgarh mines. Miner has cut DR-CLO prices by INR 360/MT; Baila lump by INR 300/MT and Baila fines by INR 200/MT. Amid decline in iron ore prices of Odisha merchant miners and decline in pellet offers, miner had cut offers.
Leave a Reply