Author: Nidhi Awasthi
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India: Over 75,000 t of iron ore booked at NMDC auction from Karnataka
NMDC’s iron ore auction from the Donimalai mines, Karnataka, on 16 Oct’24 witnessed bookings for 76,000 t. 64,000 t fines (Fe 59%) booked at INR 3,778/t against base price of INR 3,698/t. 12,000 t lumps (10-40 mm, Fe 59%) booked at INR 4,428/t against base price of INR 4,268/t. Prices include royalty, DMF, and NMET.…