Tag: NMDC AUCTION

Leading PSU miner NMDC conducted an iron ore e-auction on 1 Jul’21 from its Kumaraswamy mines in Karnataka. Key highlights of the auction: The entire quantity of 112,000 t put to auction received bids, as per reports. Jharkhand-based steelmaker, Electrosteel, booked 8,000 t of iron ore lumps (Fe 62.56%) at INR 6,719/t (basic). JSW Steel,…