Intel Details

India: NMDC Donimalai's iron ore auction sees active response

Fines/Lumps
21 Nov 2024, 12:48 IST
Steel Mint Intel

NMDC conducted an iron ore auction from its Donimalai mines, Karnataka, on 20 Nov'24.

  • 36,000-t fines (Fe 59%) booked at INR 4,075/t against the base price of INR 4,015/t.
  • 12,000-t lumps (10-40 mm, Fe 59%) booked at INR 4,888/t against the base price of INR 4,728/t.
Prices include royalty, DMF, and NMET. Bids for fines and lumps were higher by INR 60/t and INR 160/t, respectively.

21 Nov 2024, 12:48 IST
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