India: NMDC to auction 15,000 t of pellets from Karnataka

  • NMDC has scheduled an auction for 8,000 t of iron ore pellets (6-16 mm, Fe 63%) from its Donimalai pellet plant in Bellary, Karnataka on 5 Mar’24.
  • Another auction is scheduled on 6 Mar’24 for 4,000 t of undersize pellets (-6 mm, Fe 63%) and 3,000 t of accretion (-250 mm, Fe 63%).
  • The floor price for the auction is yet to be declared, which will be on FOT basis, excluding taxes.