NMDC has scheduled two iron ore auctions from Karnataka. The first is for 600,000 t of both fines and lump ore (Fe59-61%) from the Donimalai mines, while the second is for 680,000 t of fines and lump (Fe56.43-65.40%) from the Kumaraswamy mines. Both are scheduled for 16 Jul’22. The floor prices are yet to be declared for the material to be delivered on ex-mines basis.
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