India: NMDC to auction 40,000 t of pellets from Karnataka

NMDC has scheduled an auction for 40,000 t of iron ore pellets (6-16 mm, Fe 63%) from its Donimalai pellet plant in Bellary, Karnataka. The auction will be held on 2 Apr’24. The floor price for the auction is yet to be declared, which will be on FOT basis, excluding taxes.