nmdc crude

India: NMDC rolls over base prices of iron ore auction from Karnataka

National Mineral Development Corporation (NMDC), Karnataka, has released the base prices for its iron ore auction from the Donimalai mines on 13 May’25. Prices for fines (-10 mm, Fe 58%) and lumps (10-40 mm, Fe 58%) have been kept unchanged at INR 3,932/t ($46/t) and INR 4,603/t ($54/t), respectively, from the last revision on 6 May. Prices are inclusive of royalty, DMF, and NMET.


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