Around 4,000 t of iron ore lumps were booked (10-20mm, Fe 65.5%-indicative) from Bacheli mines in the NMDC iron ore auction from Chhattisgarh today. According to market sources, the entire quantity was booked at a base price of INR 4,131/t exclusive of royalty, DMF and NMET extra. The material will be delivered on FOT (by truck) ex-mine basis.

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