India: NMDC to auction over 185,000 t of iron ore from Karnataka
NMDC has scheduled an auction for 188,000 t of iron ore, including 124,000 t of fines (Fe 58.86-62.49%) and 64,000 t of lumps (10-40 mm, Fe 61.45-62.59%), from its Kumaraswamy mines, Karnataka, on 24 Sep'25. At its last auction on 17 Sep'25, 51,000-t lumps (10-40 mm, Fe 61.99-62.14%) were booked at INR 5,470-6,030/t and 106,000-t fines (Fe 59.28-63.54%) at INR 3,618-5,550/t, respectively (including royalty, DMF, and NMET).