Tag: NMDC iron ore auctions

In NMDC’s iron ore auctions from Karnataka, 354,000 t were sold of 362,000 t offered. Kumaraswamy (12 Nov): 98,000-t lumps (10-40 mm, Fe 56.09-62.45%) booked at INR 3,209-5,135/t against base price INR 2,829-4,385/t; 216,000-t fines (Fe 57.79-63.61%) booked at INR 2,779-5,342/t against INR 2,779-3,952/t Donimalai (11 Nov): 16,000-t lumps (10-40 mm, Fe 54%) and 24,000-t fines…