NMDC has revised its base prices for iron ore auction from the Donimalai mines, Karnataka, on 5 Jun’25. Prices for low grade fines (Fe 57%) and lumps (10-40 mm, Fe 57%) have been reduced by INR 39/t ($0.4/t) and INR 79/t ($1/t), respectively to INR 3,673/t ($43/t) and INR 4,266/t ($50/t) from the last auction for similar grade on 27 May. Prices are inclusive of royalty, DMF, and NMET.
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