India: NMDC hikes pellet offer by INR 400/t ($5) in Karnataka

Govt owned – National Mineral Development Corporation (NMDC) has increased pellet offer by INR 400/t against its last offers in early Oct’20. Current offers for Fe 64% pellets are at INR 8,050/t (FOT basis) for 2,000 t on advance payment basis. The company runs a 1.2 mn t pellet plant in Donimalai, Karnataka.


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