Tag: NMDC Iron ore Auction

India: NMDC cuts base prices for Karnataka iron ore e-auction

Jul 16, 2022

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by

P Anjali

in Fines/Lumps

NMDC has reduced base prices for iron ore fines by up to INR 300/t and for lumps by up to INR 100/t for today’s auction from the Donimalai mines. The current floor price of fines (Fe 62%) is INR 2,122/t, while Fe 63% fines prices are at INR 2,215/t (basic, excluding royalty). The base price…