National Mineral Development Corporation (NMDC), Karnataka, has released the base prices for its iron ore auction from the Donimalai mines today. Prices for fines (-10 mm, Fe 58%) and lumps (10-40 mm, Fe 58%) have been kept unchanged at INR 3,537/t ($41/t) and INR 4,224/t ($49/t), respectively, from the last revision on 24 Mar. Prices are inclusive of royalty, DMF, and NMET.
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