Author: Ratiram Gurjar

NMDC auctioned 384,400-t iron ore from Chhattisgarh on 31 Dec’24, but only 14,600 t received bids. Bacheli: 30,100-t DRCLO (10-40 mm, Fe 67%), 215,000-t fines (Fe 64%) remained unsold, while 6,000-t Baila-sized lumps (10-20 mm, Fe 65.5%) were sold at INR 6,870/t, largely stable against base price. Kirandul: Of 133,300-t ROM (10-150 mm, Fe 65.5%),…