India: NMDC to auction over 240,000 t of iron ore from Karnataka

NMDC has scheduled 244,000 t of iron ore auction on 17 Aug’24. Of the total quantity, 128,000 t are fines (Fe 59.12-63.59%) and 116,000 t are lumps (10-40 mm, Fe 58.73-64.28%). In its previous auction on 3 Aug’24, 48,000 t lumps (10-40 mm, Fe 64.04%) and 176,000 t fines (Fe 59.25-64.42%) got booked at INR 5,766-5,776/t and INR 3,999-5,235/t, respectively (including royalty, DMF and NMET).


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *