Tag: NMDC bacheli auction

India: Over 145,000 t of iron ore fines, DR-CLO fetch bids in NMDC Bacheli auction

Mar 20, 2024

—

by

Ratiram Gurjar

in Fines/Lumps

NMDC sold its entire quantity (over 145,000t) of fines and DR-CLO in the auction conducted on 19 Mar’24 from its Bacheli mines. Around 105,000 t of iron ore fines (Fe 64%) were booked at INR 5,450 against the base prices of INR 5,350/t ($64/t). While 42,000 t of iron ore DRCLO (10-40 mm, Fe 67%)…