State-owned NMDC increased iron ore base prices by around INR 100/t for both fines and iron ore lump for its auction from the Donimalai mines. The current floor price of fines (Fe 62%) stands at INR 4,200/t, while for Fe 63% fines it is INR 4,387/t (basic, excluding royalty). Similarly, the base price of lump (Fe 64%) stands at INR 4,498/t (basic, excluding royalty).
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