SteelMint

India: Over 200,000 t of iron ore booked in Karnataka auctions from 2-4 May’24

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by

Nidhi Awasthi
in
  • NMDC Donimalai: 4,000 t lumps (10-40 mm, Fe 59%) and 20,000 t fines (Fe 59%) booked at INR 4,860/t and INR 3,879/t against the base price of INR 4,460/t and INR 3,819/t.
  • NMDC Kumaraswamy: 128,000 t of fines (Fe 59.40-60.53%) and 44,000 t of lumps (10-40 mm, Fe 62.16%) booked at INR 3,668-3,892/t and INR 5,821/t, against the base price of INR 3,638-3,862/t and INR 5,001/t.
  • Vedanta: 8,000 t of lumps (10-40 mm, Fe 53.5%) booked at base price of INR 3,500/t.