Author: Nidhi Awasthi
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India: NMDC’s Donimalai iron ore auction receives decent response
NMDC had an auction for 48,000 t of iron ore on 26 Nov’24 from its Donimalai mines. 12,000 t lumps (10-40 mm, Fe 59%) got booked at INR 4,738/t against the base price of INR 4,728/t. 36,000 t fines (Fe 59%) got booked at INR 4,025/t against the base price of INR 4,015/t. Prices are…