Tag: NMDC Iron ore Auction

India: NMDC’s iron ore auctions fetch tepid response

Sep 25, 2021

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by

Monika Bajaj

in Fines/Lumps

India’s largest iron ore miner, National Mineral Development Corporation (NMDC), had scheduled two iron ore auctions from its Chhattisgarh mines on 24 Sep’21. According to market sources, the auctions received subdued response, with the iron ore fines lot fetching no participation and the lump and DR-CLO lots fetching a marginal premium of INR 100/t over…