Tag: NMDC Kumarswamy iron ore auction

NMDC conducted an iron ore e-auction on 23 Sep’21 from Kumarswamy mines at which 58,000 t was booked out 356,000 t. Highlights: JSW emerged as the largest buyer at 52,000 t followed by Saivijay Pragathi Steel Udyog Pvt Ltd. at 4,000 t. An iron ore fines* (Fe 60.6%) lot was booked at INR 3,615/t (basic,…