Tag: NMDC Iron ore Auction

India: 472,000 t of iron ore booked at NMDC’s Karnataka auction

Jan 9, 2023

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by

Vaibhav Dubey

in Fines/Lumps

NMDC conducted an auction for 576,000 t of iron ore from its Kumaraswamy mines in Karnataka on 7 Jan’23. 128,000 t of lumps (10-40mm, Fe64.14-64.97%) were booked at base price of INR 3,472-3,598/t. 344,000 t of fines (Fe62.19-63.31%) were booked at base price of INR 2,464-2,835/t. All prices exclude royalty, DMF, and NMET charges.