NMDC to Auction 100,000 MT Retrieved Iron Ore

National Mineral Development Corporation (NMDC) is going to conduct an e-auction of 100,000 MT retrieved iron ore lumps from Visakhapatnam.
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Specification:

Iron (Fe): 63.29% basis
Alumina (Al2O3): 2.62% max
Silica (SiO2): 4.64% max
Phosphorous (P): 0.04% max
Sulphur (S): 0.014% max
Moisture: 8% max

Auction Schedule:

The last date for submitting the required documents is 19 Jan'18 till 14:00 hrs and the auction will start on the same day at 15:00 hrs.

For contact details and other information view TENDER SECTION

India's largest iron ore producer - National Mineral Development Corporation (NMDC, Chhattisgarh) has increased iron ore prices up to 22% for Jan'18 deliveries. The miner has raised lump prices by INR 500/MT, fines by INR 500/MT, DR-CLO by INR 580/MT and ROM by INR 460/MT.