NMDC has scheduled an auction for 77,000 t of iron ore on 12 Mar’24 from its Kumaraswamy mines. Out of the total quantity, 29,000 t are lumps (10-40 mm, Fe 60.36-63.54%) and 48,000 t are fines (Fe 55.21-63.40%). The floor prices are yet to be declared which will be on ex-mines basis, including royalty, DMF and NMET.
