Tag: NMDC kumaraswamy iron ore auction

At NMDC’s auction from Kumaraswamy mines on 7 Dec’21, 292,000 t of iron ore was booked out of 301,000 t offered. Highlights: JSW Steel remained the largest buyer at 204,000 t followed by Vanya Steels Pvt. Ltd. at 28,000 t. Iron ore fines (Fe 61.58%) was booked at INR 3,354/t (basic, taxes extra), down INR…