Tag: NMDC iron ore auction result

India: Around 19,000 t iron ore fetches bids in NMDC’s Chhattisgarh auction

Jul 8, 2024

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by

Ratiram Gurjar

in Fines/Lumps

NMDC conducted around 92,000 t auctions from its Bacheli and Kirandul mines in Chhattisgarh on 6 July. Bacheli: Around 12,900 t DRCLO (Fe 67%) was booked at 1% premium on floor prices while 6,000 t Baila lumps (10-20mm, Fe 65.5%) received 0.5% premium by the steelmakers. However, 43,000 t fines (Fe 64%) remained unsold. Kirandul:…