Author: Nidhi Awasthi
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India: NMDC Donimalai iron ore auction fetches active response
NMDC had an iron ore auction from Donimalai Mines, Karnataka on 20 Aug’24. 32,000 t fines (Fe 59%) were booked at INR 3,450/t against the base price of INR 3,300/t. 12,000 t lumps (10-40 mm, Fe 59%) got booked at INR 4,109/t against the base price of INR 3,809/t. Prices include royalty, DMF and NMET.…