Tag: NMDC Iron ore Auction

India: 126,000 t of iron ore booked at NMDC’s Chhattisgarh auction

Feb 17, 2023

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by

Vaibhav Dubey

in Fines/Lumps

NMDC conducted an auction for 222,600 t of iron ore from its Bacheli mines in Chhattisgarh on 17 Feb’23. 21,000 t of DRCLO (10-40mm, Fe67%) were booked at INR 5,864-5,874/t. 105,000 t of Bacheli fines (Fe64%) were booked at INR 3,960-3,970/t. However, ROM remained unsold. All prices exclude royalty, DMF, and NMET charges.