NMDC will auction 48,000-t iron ore – 36,000-t fines (Fe 59%) and 12,000-t lumps (10-40 mm, Fe 59%) – from Donimalai, Karnataka, on 5 Nov’24. In its last auction on 25 Oct’24, 36,000-t fines (Fe 59%) were booked at INR 4,025/t against the base price of INR 4,015/t, and 12,000-t lumps (10-40 mm, Fe 59%) were booked at INR 4,778/t against the base price of INR 4,728/t. Prices include royalty, DMF, and NMET.
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