India: Over 110,000 t of iron ore booked in NMDC's Karnataka auctions
NMDC Karnataka's auctions on 9-10 Dec'25 recorded bookings of 112,000 t of iron ore. Lumps fetched premiums of up to INR 380/t.
- Kumaraswamy: 32,000-t lumps (10-40 mm, Fe 59.67%) booked at INR 4,085/t against base price of INR 3,705/t; 80,000-t fines (Fe 57.62-58.56%) booked at INR 2,984-2,755/t.
- Donimalai: 48,000-t lumps (10-40 mm, Fe 55%) went unsold; base price was INR 2,850/t.