National Mineral Development Corporation (NMDC) is going to conduct an e-auction of 24,000 MT calibrated lump ore, 16,000 MT ROM, 16,000 MT iron ore lump and 20,000 MT iron ore fines on 14th Sept’18.
The Iron Ore will be delivered on FOR Ex-Mine Basis by Rail and the contract period is 45 days from the date of issuance of offer.
NMDC increased iron ore prices recently -India’s largest iron ore miner – National Mineral Development Corporation (NMDC) has announced price revision on 07 Sept. The miner has increased Baila fines prices by INR 150/MT, lumps by INR 200/MT, ROM by INR 190/MT and DR-CLO by INR 370/MT. Strong demand, tight supply amid monsoons and increased prices of pellet and semi-finished steel have pushed up domestic iron ore prices.
Product description:
| Product | Grade | Size(mm) | Qty(in MT) | Location |
| DRCLO | Fe 67% | 10-40 | 24,000 | Bacheli Mechanical Railway Siding |
| ROM | Fe 65.5% | 10-150 | 16,000 | Bacheli Mechanical Railway Siding |
| Lump | Fe 65.5% | 6-40 | 16,000 | Kirandul Mechanical Railway Siding |
| Fines | Fe 64% | (-)10 | 12,000 | Bacheli Mechanical Railway Siding |
| Fines | Fe 64% | (-)10 | 8,000 | Kirandul Mechanical Railway Siding |
Source: SteelMint Research
Last date for submitting the required documents is 14 Sep’18 till 12:00 hrs and the auction will start on same day at 13:00 hrs.
For contact details and other information view TENDER SECTION
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