India: Over 65,000 t of iron ore sold in NMDC’s auction from Chhattisgarh

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Kirandul: About 17,200 t of ROM (10-150 mm, Fe 65.5%) was sold at the base price of INR 5,920/t.
Bacheli: Entire 21,500 t lot of DR-CLO (10-40 mm, Fe 67%) was sold at INR 8,730/t. Around 12,900 t of fines (Fe 64%, 172,000-t offered) was sold at INR 5,460/t and 16,000 t of lump (10-20 mm, Fe 65.5%) at INR 7,110/t.
Prices were on FOR basis and included royalty, DMF, and NMET.

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