NMDC held an auction for 116,000 t of iron ore fines (Fe 57.54-62.39%) from its Kumaraswamy mines in Karnataka on 24 Mar’25. According to sources, the entire quantity was booked at INR 3,195-4,228/t against base prices of INR 3,185-4138/t. Prices are on ex-mines basis and include royalty, DMF, NMET.
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