India: NMDC announces auctions for over 290,000 t of iron ore from Chhattisgarh

NMDC has scheduled two iron ore auctions from Chhattisgarh. The first is for 159,600 t of both fines and lumps (Fe64-67%, indicative) from the Bacheli mines, while the second is for 134,400 t of fines and lumps (Fe64-65.50%, indicative) from the Kirandul mines. Both are scheduled for 29 Aug’22. The floor prices are yet to be declared for the material to be delivered on ex-mines basis.


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