Tag: NMDC CG iron ore auction result

NMDC auctioned 108,600 t of iron ore from its Bacheli mines on 22 Apr’25. 25,800 t of DRCLO (10-40 mm, Fe 67%) and 14,000 t of lumps (10-20 mm, Fe 65.5%) were sold at 13% and 7% premiums, respectively. 68,800 t of fines (Fe 64%) received no bids. Prices were on FOR, ex-stockpile/mines basis, including…