NMDC has scheduled an auction for sale of around 576,000 t of iron ore (both fines and lumps, Fe60.68-64.97%-indicative) from its Kumaraswamy mines in Karnataka on 7 Jan’23. The floor price is yet to be declared by the company, and the material will be delivered ex-mines, on “as is where is” basis. Prices will exclude royalty, DMF and NMET charges.
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