Tag: NMDC Iron ore Auction

India: 600,000 t of iron ore booked at NMDC’s Karnataka auction

Dec 13, 2022

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by

Vaibhav Dubey

in Fines/Lumps

NMDC conducted an auction for 600,000 t of iron ore from its Donimalai mines in Karnataka on 13 Dec’22. According to sources, the entire material was sold at the floor price. 200,000 t of lumps (10-40mm, Fe61%) were booked at INR 2,751/t. 400,000 t of fines (Fe59%) were booked at INR 2,056/t. All prices exclude…