NMDC conducted an auction for 353,000 t of iron ore from its Kumaraswamy mines in Karnataka on 23 Nov’22. According to sources, the entire material was booked.
- 85,000 t of lumps (10-40mm, Fe60.01-65.24%) were booked at INR 2,940/t.
- 268,000 t of fines (Fe58.19-64.21%) were booked at base price of INR 1,668-2,075/t.
- All prices exclude royalty, DMF, and NMET charges.
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