Tag: commodity auction
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India: NMDC to auction over 100,000 t of iron ore from Karnataka
NMDC has scheduled an auction for 120,000 t of iron ore from its mines in Kumaraswamy, Karnataka, on 3 Sep. The material includes 40,000-t (10-40mm, Fe 59.93%) lumps and 80,000-t (Fe 57.45-58.1%) fines. Floor prices are yet to be declared, which will be inclusive of royalty, DMF, and NMEDT.