Tag: NMDC Chhattisgarh Iron Ore Auction
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NMDC Iron Ore Lumps Auction fetches High Premium on Low Availability of Imported Cargoes
NMDC’s 20,000 MT DR CLO (Calibrated lumps ore) fetches premium upto INR 650/t (USD 9) as coast based producers run short of imported iron ore lumps on limited availability. NMDC – India’s biggest iron ore producer conducted an e-auction today from its Chhattisgarh mines. Out of the total ore offered, 20,000 MT was DR-CLO. According…