NMDC has scheduled an auction for sale of 494,000 t of iron ore (both fines and lumps, Fe57.05-65.24%-indicative) from its Kumaraswamy mines in Karnataka on 6 Dec’22. The floor price is yet to be declared by the company, and the material will be delivered ex-mines, on “as is where is”. Prices will exclude royalty, DMF and NMET charges.
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