NMDC has scheduled an auction for sale of 698,000 t of iron ore (both fines and lumps, Fe58.22-65.73%-indicative) from its Kumaraswamy mines in Karnataka on 7 Mar’23. The floor price is yet to be declared by the company, and the material will be delivered ex-mines, on “as is where is” basis. Prices will exclude royalty, DMF and NMET charges.
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