NMDC has scheduled an auction for 20,000 t of Baila ROM (10-150 mm, Fe 65.5%) from its Bacheli mines in Chhattisgarh. The auction will be held on 31 Jul’24. The floor price for the auction is yet to be declared, which will be on FOT ex-stockpile/mines basis and inclusive of royalty, DMF and NMET.

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