NMDC conducted an auction on 16 Dec’21 for 298,200 t of iron ore from the Kirandul and Bacheli mines in Chhattisgarh. The auction received good response for lumps and entire quantity of DR-CLO and Baila lumps was sold, sources told SteelMint. Bids for DRCLO increased by around INR 520/t, while those for Baila lumps remained at the base price. The balance lots for fines and ROM remained unsold.
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