India’s leading iron ore miner, NMDC, conducted an auction on 20 Jul’21 for 159,600 t of iron ore from the Bacheli mines in Chhattisgarh, as per SteelMint reports.
- The auction received active participation with the entire quantity getting booked, except the ROM lot of 16,800 t.
- Bids for DR-CLO moved up by around INR 1,560/t over the set base price.
- The entire quantity of 126,000 t of iron ore fines was booked.
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