Tag: southern India iron ore sourcing
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Sponge Grade Lump Fetches Higher Bids in Karnataka E-auctions
Bids for sponge grade lump in Karnataka e-auctions increased up to INR 900/MT in Sept’16. Base prices in Karnataka e-auctions remained mostly unchanged this month. Base prices for NMDC Kumaraswamy mines are currently as follows: fines (Fe 59.2%) stood at INR 1,347/MT and lump (Fe 63.6%) at INR 1,822-1,847/MT. Mines prices for NMDC Donimalai, are…