India: AM/NS to auction over 350,000 t of iron ore from Odisha

AM/NS has scheduled 352,000 t of iron ore for auctions from Odisha on 3 Sept’25.

• Thakurani mines: 48,000 t of iron ore lumps (5-18 mm, Fe 56.5-59%) and 120,000 t fines (Fe 57-59%) will be auctioned at base price of INR 5,300-5,800/t and 3,500-4,500/t respectively.
• Sagasahi mines: 52,000 t of iron ore lumps (5-18mm, Fe 58.5-62.5%) and 132,000 t of fines (Fe 53.5-56.5%) to be auctioned at INR 5,800-7,000/t and 2,350-3,400/t (incl. taxes).