Tag: NMDC iron ore price hike
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India: NMDC raises base prices for Karnataka iron ore e-auction
NMDC has increased base prices for iron ore fines by up to INR 105/t and for lumps by up to INR 200/t for today’s auction from the Donimalai mines in Karnataka. The floor price of Fe 62% fines is INR 2,215/t, while Fe 63% fines price is at INR 2,312/t (basic, excluding royalty). The base…