Leading merchant iron ore miner, NMDC, will conduct an e-auction on 16 Jul’21 for 2,850 t of iron ore fines (Fe 64.08%). The location of material availability is VPT NMDC, Visakhapatnam. The state-owned miner has reduced iron ore prices for Jul deliveries by INR 200-230/t ($3), SteelMint learnt from sources. The revised offers for Baila fines stand at INR 6,360/t (FoR, taxes extra).
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