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 on 23 Oct’17.
National Mineral Development Corporation (NMDC) has announced price cut of up to 5% for Oct’17 deliveries. Baila lump and fines prices have come down up by INR 100/MT, DR-CLO by INR 110/MT and ROM by INR 90/MT.
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 Oct’17 till 12:00 hrs and the auction will start on same day at 13:00 hrs.
For contact details view tender section:
http://www.steelmint.com/tender/auction-of-iron-ore-8505
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