NMDC mulls long-term supply contracts at e-auctions
State-owned miner NMDC Ltd is working out a method to enter into long-term supply contracts with buyers for iron ore produced and sold through e-auctions in Karnataka.
The company, in a recent submission to the Supreme Court, indicated it would enter into long-term contracts by providing basic price and fixing the prices through e-auction.
Publication Date:
12/12/2012