Tag: NMDC iron ore e-auction

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

Nov 17, 2022

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by

P Anjali

in Fines/Lumps

NMDC has reduced the base price for iron ore fines by up to INR 150/t for today’s auction from the Donimalai mines, Karnataka, whereas the base price for lumps remains unchanged. The floor price for Fe 62% fines is INR 2,078/t and Fe 63% fines is at INR 2,168/t (basic, excluding royalty). The base price…