India: NMDC to auction over 100,000 t of iron ore from Karnataka

NMDC has scheduled an auction for 116,000 t of iron ore fines (Fe 57.54-62.39%) from its Kumaraswamy mines, Karnataka, on 24 Mar’25. At its last auction on 19 Mar’25, 44,000 t of lumps (10-40 mm, Fe 62.58%) were booked at INR 5,109/t, and 48,000 t of fines (Fe 61.78%) were booked at INR 4,028/t, respectively (including royalty, DMF, and NMET).


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