Tag: NMDC Iron ore Auction

NMDC conducted two iron ore auctions today from Chhattisgarh. The first auction was for 126,000 t of Fe 64%-67% (indicative) grade material from its Bacheli mines, while the second was for 67,200 t of Fe 64-65.5% (indicative) grade ore from the Kirandul mines. According to sources, the auction failed to fetch any response. The steep…