NMDC to Auction 56,000 MT Iron Ore from Chhattisgarh Mines

National Mineral Development Corporation (NMDC) is going to conduct an e-auction of 8,000 MT calibrated lump ore, 8,000 MT ROM, 8,000 MT iron ore lump and 16,000 MT iron ore fines.

Product description:

Product Grade Size(mm) Qty(in MT) Location
DRCLO Fe 67% 10-40 8,000 Bacheli Mechanical Railway Siding
ROM Fe 65.5% 10-150 8,000 Bacheli Mechanical Railway Siding
Lump Fe 65.5% 6-40 8,000 Kirandul Mechanical Railway Siding
Fines Fe 64% (-)10 8,000 Bacheli Mechanical Railway Siding
Fines Fe 64% (-)10 8,000 Kirandul Mechanical Railway Siding
Slimes Fe 57% (-)0.5 8,000 Bacheli Mechanical Railway Siding
Slimes Fe 60% (-)0.5 8,000 MV Siding, Kirandul

Source: SteelMint Research

Last date for submitting the required documents is 23 Nov’17 till 12:00 hrs and the auction will start on same day at 13:00 hrs.

For Contact and Other Details CLICK HERE

NMDC, Chhattisgarhhas kept iron ore prices unchanged for Nov’17 deliveries. In the month of Oct’17, the miner had reduced prices by 5%.

Size

Grade (Fe %)

Prices

Change (in INR/MT) 

10-40 mm, DR CLO

67

2,690

=

Baila lump , 6-40 mm

65

2,300

=

ROM, 10-150 mm

65

2,110

=

Blue Dust/Fines

64

2,060

=

F.O.R prices in INR/MT
Royalty, DMF, NMET and other taxes extra
Source: SteelMint Research

 

 


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