Tag: NMDC auction premiums

India: Over 110,000 t of iron ore booked in NMDC’s Karnataka auctions

Dec 11, 2025

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by

Adarsh Sahu

in Fines/Lumps

NMDC Karnataka’s auctions on 9-10 Dec’25 recorded bookings of 112,000 t of iron ore. Lumps fetched premiums of up to INR 380/t. Kumaraswamy: 32,000-t lumps (10-40 mm, Fe 59.67%) booked at INR 4,085/t against base price of INR 3,705/t; 80,000-t fines (Fe 57.62-58.56%) booked at INR 2,984-2,755/t. Donimalai: 48,000-t lumps (10-40 mm, Fe 55%) went…