Tag: NMDC Pit iron auction

India: NMDC’s pit iron auction from Chhattisgarh fetches bid at around 32,200/t

Feb 8, 2024

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by

Tarun Naidu

in Melting Scrap

Today, India’s top iron ore miner, NMDC, conducted an auction for approximately 10,000 tonnes (t) of pit iron (pooled iron) from its Nagarnagar plant Located in Jagdalpur-Chhattisgarh. As per sources the auction fetched bid at price ranged from INR 32,000 to 32,200 per tonnes on an ex-work basis.