Tag: December iron ore auction

NMDC auctioned 176,000 t of iron ore from its Kumaraswamy mines, Karnataka, on 22 Dec’25. The entire quantity was booked, with lumps fetching premiums of up to INR 590/t. 40,000-t lumps (10-40 mm, Fe 59.92%) were booked at INR 4,357/t against a base price of INR 3,767/t and 136,000-t fines (Fe 57.89-59.92%) fetched INR 2,809-3,169/t…