Tag: NMDC
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India: DR-CLO lots in NMDC’s Chhattisgarh iron ore auction receives active response
India’s largest iron ore miner, National Mineral Development Corporation (NMDC), had scheduled two iron ore auctions from Chhattisgarh on 23 Mar’22. The material offered was DR-CLO, Baila lumps, fines and ROM. The entire lot of 16,800 t of DR-CLO (10-40mm, Fe 67%) was booked at a premium of 33% (around INR 2,400/t) against the base…