NMDC had scheduled two iron ore auctions from Chhattisgarh on 28 Apr’22. 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%) was booked at a premium of around INR 30/t against the base price of INR 7,375/t. Two lots of ROM were heard to have been booked at the base price, while the remaining lots from Bacheli and Kirandul remained unsold, as per sources.
Leave a Reply