India: Over 175,000 t of iron ore booked at NMDC’s auctions from Karnataka

On 18-19 Nov’25, 176,000-t iron ore were booked at NMDC’s auctions from Karnataka.

  • Donimalai: 12,000-t lumps (10-40 mm, Fe 54%) and 24,000-t fines (Fe 56%) booked at base prices INR 2,850/t and INR 2,539/t, respectively.
  • Kumaraswamy: 60,000-t lumps (10-40 mm, Fe 61.35-61.96%) booked at INR 4,336-4,645/t against base prices INR 4,116-4,265/t; 80,000-t fines (Fe 58.62-60.52%) booked at INR 2,946-3,339/t against base prices INR 2,946-3,329/t.

Prices include royalty, DMF, and NMEDT.


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