NMDC has scheduled an auction for 163,400 t of iron ore from its Bacheli mines, Chhattisgarh, on 22 May. The total quantity includes 21,500 t of DR CLO (10-40 mm, Fe 67%) and 141,900 t of fines (-10 mm, Fe 64%). Floor prices are yet to be declared by the company, which will be on FOR basis, inclusive of royalty, DMF, and NMET.
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