NMDC has scheduled an iron ore auction from Chhattisgarh for 8,000 t of sized Baila lump (Fe 65.5%, indicative) from its Bacheli mines. The auction is scheduled for 13 Jan’23 and the material will be delivered FOT (by truck) ex-mine basis. The last auction on 5 Jan received good response with the entire quantity of DR-CLO getting booked at INR 400/t above the base price.
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