NMDC auctioned 204,000 t of iron ore from its Kumaraswamy mines in Karnataka on 25 Jun’25. The entire quantity was booked, commanding premiums of up to INR 370/t. Specifically, 96,000-t lumps (10-40 mm, Fe 64.14-64.17%) were sold at INR 5,910-6,199/t against base prices INR 5,904-5,912/t. Meanwhile, 108,000-t fines (Fe 58.13-62.61%) were booked at INR 3,674-5,005/t against base prices INR 3,666-4,637/t. Prices include royalty, DMF, and NMET.
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