Tag: NMDC Kumarswamy iron ore auction
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India: Bids remain stable at NMDC’s Kumaraswamy auction
At NMDC’s e-auction on 26th Oct’21 from its Kumaraswamy mines, 254,000 t of iron ore was booked out of a total of 333,000 t. JSW was the largest buyer at 144,000 t followed by Thakur Industries at 32,000 t. The iron ore lumps (Fe 60.03%) lot was booked at INR 4,300/t (basic, taxes extra), largely…