NMDC has scheduled an auction for 50,000 t of iron pellets (6-16 mm, Fe 63%) from its Donimalai plant in Karnataka on 6 Jul’24. The floor price for the auction, which is yet to be declared, will be on FOT basis, excluding taxes. In the last auction on 25 Jun, 8,000 t of pellets (6-16 mm, Fe 63%) were booked at base price of INR 9,500/t (excluding taxes).
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