NMDC has scheduled an iron ore auction from Chhattisgarh for 10,000 t of sized Baila lump (Fe65.5%, indicative) from its Bacheli mines. The auction is scheduled for 2 Mar’23 and the material will be delivered FOT (by truck) ex-mine basis. The floor price, which is yet to be declared by the company, will exclude royalty, DMF and NMET charges.
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