NINL has scheduled an e-auction for 16,000 t of iron ore lump (Fe: 62-65%, 5-18 mm) on 10 Dec’21 from its captive mine in Odisha’s Koira mining circle. The base price at the previous NINL auction had been set at INR 6,900/t for the same grade of material, which has now been increased by INR 1,300/t to INR 8,200 per wet metric tonnes (WMT).
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