National Mineral Development Corporation (NMDC), Karnataka, has released the base prices for its iron ore auction from the Donimalai mines on 13 May’25. Prices for fines (-10 mm, Fe 58%) and lumps (10-40 mm, Fe 58%) have been kept unchanged at INR 3,932/t ($46/t) and INR 4,603/t ($54/t), respectively, from the last revision on 6 May. Prices are inclusive of royalty, DMF, and NMET.

Leave a Reply