India: NMDC to conduct around 350,000 t of iron ore auctions from Chhattisgarh

NMDC has scheduled two iron ore auctions from Chhattisgarh on 5 Nov’22. The first is for 214,200 t of both fines and lumps (Fe64-67%, indicative) from Bacheli mines, while the second is for 134,400 t of fines and lumps (Fe64-65.50%, indicative) from Kirandul mines. The floor prices are on FOR basis and are yet to be declared.


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