Tag: NMDC Karnataka iron ore prices

India: NMDC Cut Base Price by INR 200/MT in Aug’19 Karnataka Iron Ore E-Auction

Aug 27, 2019

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by

Indranath Jha

in Fines/Lumps

India’s largest iron ore miner – National Mineral Development Corporation (NMDC) has decreased by INR 200/MT in both lumps and fines floor prices for upcoming Karnataka e-auctions today (i.e 27th Aug 2019). NMDC fines (Fe 63%) base price from Kumaraswamy mines at INR 2,589/MT (basic).The prices for Fe 63.8% lump prices at INR 3,079/MT (basic).…