India: NMDC to conduct auctions for over 250,000 t of iron ore from Chhattisgarh

NMDC has scheduled two iron ore auctions from Chhattisgarh for 23 Sep’22. The first is for 184,800 t of both fines and lumps (Fe64-67%, indicative) from the Bacheli mines, while the second is for 92,400 t of fines and lumps (Fe64-65.50%, indicative) from the Kirandul mines. The material to be delivered on ex-mines basis. The floor prices are yet to be declared.