NMDC will auction 48,000 t of iron ore – 36,000 t of fines (Fe 59%) and 12,000 t of lumps (10-40 mm, Fe 59%) – from Donimalai, Karnataka, on 21 Oct’24. In NMDC’s auction on 16 Oct’24, 64,000 t of fines (Fe 59%) were booked at INR 3,778/t against base price INR 3,698/t, and 12,000 t of lumps (10-40 mm, Fe 59%) were booked at INR 4,428/t against base price INR 4,268/t. Prices include royalty, DMF, and NMET.
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