NMDC auctioned 188,000-t iron ore from its Kumaraswamy mines, Karnataka, on 24 Sep’25. The entire quantity was booked, with lumps fetching premiums of INR 1,000-1,070/t (20.4%) and fines up to INR 650/t (14.8%). 64,000-t lumps (10-40 mm, Fe 61.45-62.59%) were booked at INR 5,909-6,309/t against base prices of INR 4,909-5,239/t, with 124,000-t fines (Fe 58.86-62.49%) sold at INR 3,530-5,029/t against INR 3,520-4,379/t. Prices are inclusive of royalty, DMF, NMEDT.
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