Tag: NMDC Karnataka iron ore prices

India: NMDC Increases Base Price in Karnataka Iron Ore E-auctions

Jan 27, 2020

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by

Indranath Jha

in Fines/Lumps

India’s largest iron ore miner – National Mineral Development Corporation (NMDC) has increased floor prices by around INR 300-400/MT in lumps and INR 100/MT fines (depending on grades) for Karnataka e-auctions to be held today (27th Jan’20). The base price of NMDC fines (Fe 64.31%) from Kumaraswamy mines is INR 2,660/MT (basic), up by INR…