Author: Nidhi Awasthi
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India: NMDC’s Donimalai iron ore auction gets good response
NMDC had an auction for 40,000 t of iron ore on 8 Jul’24 from its Donimalai mines. 8,000 t lumps (10-40 mm, Fe 59%) got booked at INR 4,328/t against the base price of INR 4,268/t. 32,000 t fines (Fe 59%) got booked at INR 3,723/t against the base price of INR 3,703/t. Prices are…