NMDC has scheduled an auction for 224,000 t of iron ore from its Kumaraswamy mines, Karnataka, on 14 May’25. The offered quantity comprises 80,000 t of lumps (10-40 mm, Fe 60.66-61.62%) and 144,000 t of fines (Fe 59.42-62.28%). Floor prices are yet to be declared and will be on ex-mines basis, inclusive of royalty, DMF, and NMET.
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