Tag: Iron ore auction

NMDC conducted an auction for 306,000 t of iron ore on 10 Oct’24 from its Kumaraswamy mines. 134,000 t lumps (10-40 mm, Fe 57.96-64.03%) booked at INR 3,825-5,824/t against base prices of INR 3,825-5,194/t 152,000 t fines (Fe 54.89-62.62%) booked at INR 3,049-4,847/t against base prices INR 3,049-4,137/t (prices on ex-mines basis, including royalty, DMF,…