Tag: iron ore auction premiums

India: NMDC’s iron ore fines auction from Karnataka fetches healthy premiums

Dec 18, 2025

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by

Adarsh Sahu

in Fines/Lumps

NMDC auctioned 184,000 t of iron ore fines (Fe 58.59-61.2%) from its Kumaraswamy mines, Karnataka, on 17 Dec’25. The entire quantity was booked at INR 3,180-3,796/t against base prices of INR 2,940-3,466/t, with premiums of up to INR 360/t. Prices are inclusive of royalty, DMF, and NMEDT.