NMDC conducted two iron ore auctions today from Chhattisgarh. The material offered was DR-CLO, Baila lumps, fines and ROM. The entire lot of 16,800 t of DR-CLO (10-40mm, Fe 67% indicative) was booked at INR 5,115/t against the base price of INR 4,715/t while the remaining lots from Bacheli and Kirandul remained unsold, as per sources.
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