NMDC will auction 96,000-t of iron ore on 7 Dec’24 from Donimalai, Karnataka, comprising 72,000-t fines (Fe 59%) and 24,000-t lumps (10-40 mm, Fe 59%). In the last auction on 26 Nov’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%) at INR 4,738/t (base price INR 4,728/t). Prices include royalty, DMF, and NMET.
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