Author: Nidhi Awasthi

NMDC conducted an iron ore auction from its Donimalai mines, Karnataka, on 20 Nov’24. 36,000-t fines (Fe 59%) booked at INR 4,075/t against the base price of INR 4,015/t. 12,000-t lumps (10-40 mm, Fe 59%) booked at INR 4,888/t against the base price of INR 4,728/t. Prices include royalty, DMF, and NMET. Bids for fines…