NMDC Chhattisgarh has scheduled an auction for 17,200 t iron ore DR CLO (10-40 mm, Fe 67%) from its Bacheli mines on 7 Aug’25. The price for the auction will be set on FOR basis, inclusive of royalty, DMF, and NMET. Notably, the miner increased iron ore lump prices by INR 450/t ($5/t) to INR 6,850/t ($78/t) for Aug deliveries on 1 Aug.
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