Tag: NMDC Karnataka hike iron ore offers

India: NMDC hikes iron ore offer upto INR 400/t in Karnataka e-auctions

Dec 10, 2020

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by

Indranath Jha

in Fines/Lumps

India’s largest iron ore miner – National Mineral Development Corporation (NMDC) has announced an increase in floor prices for upcoming Karnataka e-auction. Base price of fines has increased by INR 300/t and lumps by around INR 400/t ($5). Few days back company was increased iron ore prices from Chhattisgarh upto INR 580/t m-o-m.