Author: Nidhi Awasthi
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India: NMDC to auction over 360,000 t of iron ore from Karnataka
NMDC is set to auction 362,000 t of iron ore from Karnataka. NMDC Donimalai: 24,000-t lumps (10-40mm, Fe 54%) and 24,000-t fines (Fe 56%) on 11 Nov’25. NMDC Kumaraswamy: 98,000-t lumps (10-40mm, Fe 56.09-62.45%) and 216,000-t fines (Fe 57.79-63.61%) on 12 Nov’25. Floor prices are yet to be announced, which will be on ex-mines basis…