Tag: NMDC kumaraswamy iron ore auction

NMDC conducted an iron ore e-auction on 3 Feb’22 from its Kumaraswamy mines in which the entire quantity of 353,000 t was booked. Iron are lump (Fe 63.98%) was booked at INR 3,875-3,885/t (basic, taxes extra), up INR 200/t compared to the previous auction on 19 Jan. JSW Steel emerged as the largest buyer, with…