Tag: iron ore premiums

Karnataka: Around 150,000 t of iron ore booked in NMDC’s auction with up to 20% premiums

Sep 18, 2025

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by

Adarsh Sahu

in Fines/Lumps

NMDC auctioned 147,000 t of iron ore from its Kumaraswamy mines in Karnataka on 17 Sep’25. The auction received up to 20% premium over base prices. The entire 51,000-t lumps (10-40 mm, Fe 61.99-62.14%) were booked at INR 5,470-6,030/t (base price INR 5,066-5,110/t/) and 106,000-t fines (Fe 59.28-63.54%) at INR 3,618-5,550/t (base price INR 3,618-4,627/t).…