Tag: NMDC Iron ore Auction

NMDC conducted an auction for 558,000 t of iron ore from its Kumaraswamy mines in Karnataka on 7 Feb’23. 188,000 t of lumps (10-40mm, Fe59.50-64.97%) were booked at the base price of INR 2,892-3,752/t. 296,000 t of fines (Fe58.24-63.68%) were booked at the base price of INR 2,566-3,321/t. All prices exclude royalty, DMF, and NMET…