India: NMDC’s pellet auction from Karnataka receives no response

National Mineral Development Corporation (NMDC) conducted an auction for the sale of 15,000 t of off-grade pellets (Fe63%) from its Donimalai complex in Karnataka on 23 Dec’22. According to sources, the action failed to get a response, and the entire quantity remained unsold. The floor price for the material was declared at INR 2,519/t on FOT basis.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *