NMDC will auction 126,000-t iron ore from its Kumaraswamy mines, Karnataka, on 16 Jul’25. The material includes 10,000-t lumps (10-20 mm, Fe 61.12%) and 116,000-t fines (Fe 57.79-58.76%). Floor prices are yet to be declared. In its last auction on 9 Jul, 64,000-t lumps (10-40 mm, Fe 57.46-62.68%) were booked at INR 3,855-5,517/t against a base price of INR 3,556-4,992/t; 92,000-t fines (Fe 57.8-58.85%) were booked at INR 3,092-3,329/t, including taxes.
Leave a Reply