Author: Nidhi Awasthi

High-grade fines attract strong premiums Low-grade lumps see weak buyer response NMDC’s Kumaraswamy auction in Karnataka on 1 October saw around 232,000 t of iron ore booked across fines and lumps. Around 148,000 t of fines (Fe 58.68-61.22%) were booked at INR 3,215-4,793/t ($33-50/t), with premiums of INR 150-1,020/t ($1.5-11/t) over base prices of INR…