India: Buyers book 8,000 t pellet in NMDC’s auction from Donimalai

NMDC concluded an auction for 25,000 t of iron ore pellets (6-16 mm, Fe 63%) from its Donimalai pellet plant in Bellary on 25 Jun’24. As per sources, out of the total quantity only 8,000 t of pellets got booked at the base price of INR 9,500/t. Price is on ex-pellet plant (FOT) basis, excluding taxes.


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