Tag: NMDC

India: NMDC hikes base prices for Karnataka iron ore e-auction

Apr 21, 2022

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by

P Anjali

in Fines/Lumps

State-owned NMDC increased iron ore base prices by around INR 100/t for both fines and iron ore lump for its auction from the Donimalai mines. The current floor price of fines (Fe 62%) stands at INR 4,200/t, while for Fe 63% fines it is INR 4,387/t (basic, excluding royalty). Similarly, the base price of lump…