Tag: NMDC Chhattisgarh Iron Ore Auction

India: NMDC DR-CLO Fetches Flat Bid in Today’s Auction

Oct 23, 2018

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by

Indranath Jha

in Fines/Lumps

National Mineral Development Corporation (NMDC) today conducted an auction for 112,000 MT iron ore from its Chhattisgarh mines. Out of the total quantity offered, 40,000 MT was DR-CLO; 16,000 MT was ROM, 16,000 MT was a lump and rest 40,000 MT was fines. According to market sources report to SteelMint, DR-CLO fetched flat bids and…