NMDC conducted an iron ore auction from Chhattisgarh today for 184,800 t of Fe 64-67% (indicative) material from the Bacheli mines, and 92,400 t (Fe64-65.50%, indicative) ore from the Kirandul mines. The entire quantity of 16,800 t of DR-CLO was booked at a premium of INR 450/t over the set base price of INR 4,957/t (excluding royalty, DMF and NMET) at the auction. The remaining lots remained unsold.
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