AM/NS India conducted an auction for 20,000 t of iron ore pellet chips (Fe62-63%) from Paradip Plant, Odisha on 11 Nov’22. According to market sources, 15,000 t of pellet chips was booked at INR 4,150/t and the remaining 5,000 t was sold at the bid price of INR 4,100/t. The floor price for the auction was INR 3,800/t (including royalty, DMF, and NMET).
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