India: 340,000 t iron ore booked in Karnataka auctions on 7 Mar’26
- NMDC Donimalai: 48,000 t fines (Fe 56%) booked at base price of INR 2,203/t.
- NMDC Kumaraswamy: 160,000 t of fines (Fe 58.3-62.26%) and 96,000 t of lumps (10-40 mm, Fe 60.65-60.97%) booked at INR 2,483-3,273/t and INR 3,428-3,495/t.
- SMIORE: 35,000 t of lumps (5-40 mm, Fe 54.2-57.4%) booked at INR 3,338-4,683/t from its Sandur mines.SMIORE’s prices include taxes while NMDC’s exclude taxes.
