India: NMDC’s iron ore e-auction fetches bids higher upto INR 580/t

NMDC in its recently conducted Karnataka e-auction on 5th Nov fetched higher bids. 207,000t iron ore was booked and JSW Steel remained the largest buyer. The bids fetched in the auction increased up to INR 580/t over the set base price. Hike in bids of lumps was more than in fines lot.


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