Tag: mining premiums

Two iron ore auctions from Karnataka saw 216,000 t booked. NMDC Kumaraswamy (15 Oct): 70,000-t lumps (10-40 mm, Fe 59.63-60.60%) booked at INR 4,981-5,362/t against base prices of INR 4,381-4,662/t; 80,000-t fines (Fe 58.31-63.34%) booked at INR 3,399-5,630/t. SMIORE (10 Oct): 62,000-t lumps (5-40 mm, Fe 51-57%) and 4,000-t fines (Fe 57.9%) sold at INR…