India’s largest iron ore miner – National Mineral Development Corporation (NMDC) is going to conduct two iron ore auctions for around 100,800 t from its Bacheli mines and 25,200 t from its Kirandul mines, Chhattisgarh. Both the auctions are scheduled on 30th Dec ’20. In its previous auction from Chhattisgarh mines in the 2nd week of Dec ’20, DR CLO bids moved up by around INR 1,880/t, ROM by INR 1,300/t and fines by INR 1,200/t above the set base price.
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