India: NMDC to auction over 90,000 t of iron ore from Chhattisgarh

NMDC has scheduled three auctions from Chhattisgarh on 6 July.

• Bacheli: 12,900 t DRCLO (Fe 67%), 43,000 t fines (Fe 64%) and 6,000 t Baila lumps (10-20mm, Fe 65.5%).
• Kirandul: 30,100 t of ROM (10-150mm, Fe 65.5%). The material will be delivered on FOR, ex-mines basis.
• Prices which are yet to be declared will be on FOR, ex-stockpile/mines basis, including royalty, DMF and NMET.