Tag: NMDC iron ore auction result

India: Bids for iron ore lumps remain stable at NMDC’s latest auction from Chhattisgarh

Dec 18, 2024

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by

Ratiram Gurjar

in Fines/Lumps

Bids for Baila-sized iron ore lumps were stable at INR 6,860/t at NMDC Chhattisgarh’s auction today compared to 9 Dec. Today’s auction results Bacheli: Of 14,000-t Baila-sized lumps (10-20 mm, Fe 65.5%), 8,000 t sold at INR 6,860/t (base price); 30,100-t DRCLO (10-40 mm, Fe 67%) and 107,500-t fines (Fe 64%) unsold. Kirandul: 64,500-t ROM…