Author: P Anjali

NMDC conducted an auction for 600,000 t of iron ore (both fines and lumps) from its Donimalai mines in Karnataka today. According to sources, the entire material was sold at the floor price. 120,000 t of lumps (10-40mm, Fe61% Indicative) were booked at INR 3,174/t. 480,000 t of fines (Fe59% Indicative) were booked at INR…