State-owned NMDC has increased iron ore base prices by INR 200/t for fines while prices of iron ore lump remain unchanged for its auction from the Donimalai mines. The current floor price of fines (Fe 62%) stands at INR 3,547/t, while Fe 63% fines is priced at INR 3,708/t (basic, excluding royalty, DMF and NMET). The base price of lump (Fe 64%) is at INR 3,869/t.
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