NMDC auctioned 152,000 t of iron ore from its Kumaraswamy mines in Karnataka on 10 Sep’25, in which the entire quantity was sold. 40,000-t lumps (10-40 mm, Fe 60.42%) were booked at INR 4,850/t, fetching an INR 240/t premium against a base price of INR 4,610/t, and 112,000-t fines (Fe 58.26-61.05%) were sold at base prices of INR 3,378-4,038/t. Prices are inclusive of royalty, DMF, and NMET.
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