NMDC conducted an auction for 600,000 t of iron ore (both fines and lumps) from its Donimalai mines in Karnataka today. According to sources, the entire material was sold at the floor price.
- 120,000 t of lumps (10-40mm, Fe61% Indicative) were booked at INR 3,174/t.
- 480,000 t of fines (Fe59% Indicative) were booked at INR 2,464/t.
- All prices exclude royalty, DMF, and NMET charges.
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