Tag: NMDC bacheli iron ore auction
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India: Over 100,000 t iron ore fetches bids in NMDC’s Chhattisgarh auction
NMDC had conducted over 100,000 t iron ore auctions from its Bacheli mines in Chhattisgarh on 31 Jan in which the entire quantity was booked by steelmakers in the auction. 16,800 t of DRCLO (10-40mm, Fe 67%), and 33,600 t of ROM (10-150mm, Fe 65.5%) were booked at INR 8,410 and INR 5,970/t while 50,400…