India: NMDC’s iron ore auction from Donimalai receives active response

NMDC auctioned 48,000 t of iron ore from its Donimalai mines, Karnataka, on 24 Mar’25. The entire quantity was booked, with 20,000 t lumps (10-40, Fe 58%) at INR 4,274-4,294/t against the base price of INR 4,224/t and 28,000 t fines (Fe 58%) at INR 3,537-3,547/t against the base price of INR 3,537/t. Prices are on ex-mines basis, including royalty, DMF, NMET.


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