NMDC conducted an auction for 600,000 t of iron ore from its Donimalai mines in Karnataka on 17 Nov’22. According to sources, the entire material was sold at the floor price.
- 200,000 t of lumps (10-40mm, Fe 61%) were booked at INR 2,497/t.
- 400,000 t of fines (Fe 59%) were booked at INR 1,809/t.
- All prices exclude royalty, DMF, and NMET charges.
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