Author: Nidhi Awasthi

NMDC conducted auction for 24,000 t of iron ore on 8 May’24 from its Donimalai mines. 4,000 t lumps (10-40 mm, Fe 54%) was sold at INR 3,701/t against base price of INR 3,281/t. 20,000 t fines (Fe 54%) was booked at INR 2,841/t against base price of INR 2,821/t FOR, ex-stockpile/mines basis, including royalty,…