Category: Fines/Lumps
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Karnataka: NMDC’s Kumaraswamy auction sees strong bidding amid tight high-grade ore supply
Lumps premiums reach up to INR 960/t, fines fetch INR 490/t Rising CDRI prices, positive steel market sentiment support bids NMDC auctioned 301,000 t of iron ore from its Kumaraswamy mines in Karnataka on 26 May 2026, with the entire quantity successfully booked amid strong buyer participation and improving market sentiment. The auction witnessed premiums…