NMDC to e-auction Iron ore from Chhattisgarh on Dec 14

According to the Supreme Courts order, NMDC has to e-auction some quantity of its iron ore in the state of Chhattisgarh. 

A total of 1,76,000 MT of iron ore of Fe 64 to 67% is to be e-auctioned on Friday, the 14th of December, in Chhattisgarh.

NMDC recently considered no change for its iron ore prices of December.

6-20 mm size iron ore lumps prices stands at Rs 5,400/MT and that of fines is at Rs 2,600/MT.

(Basic, Royalty of Rs 400-500 extra) .  


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