NMDC’s Donimalai mines had conducted an iron ore e-auction on 8 Oct’21 at which 488,000 t was booked out of the total quantity of 600,000 t put to auction. Highlights:
- JSW emerged as the largest buyer at 324,000 t followed by Rashtriya Ispat Nigam Limited Visakhapatnam Steel Plant at 80,000 t.
- The iron ore fines (Fe 59%) lot was booked at INR 3,270/t (basic, taxes extra), a decline of INR 237/t compared to previous auction.
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