NMDC auctioned 344,000 t of iron ore from its Kumaraswamy mines in Karnataka on 6 Aug’25. The entire quantity was booked, fetching premiums of up to INR 800/t. Notably, 112,000-t lumps (10-40 mm, Fe 58.93-60.91%) were sold at INR 4,483-5,323/t against base prices of INR 4,178-4,753/t. 232,000-t fines (Fe 56.21-60.83%) were booked at INR 2,892-4,146/t against base prices INR of 2,892-3,986/t. Prices include royalty, DMF, and NMET.
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