June 25, 2026

India: Around 250,000 t of iron ore booked at NMDC’s auctions from Karnataka

Untitled design - 2026-06-24T153319.830

On 22 Jun’26, of the offered 296,000 t, around 244,000 t of iron ore were booked at NMDC’s auctions from Karnataka.

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  • Kumaraswamy: 116,000-t lumps (10-40 mm, Fe 60.97-62.40%) booked at INR 4,232-4,610/t against base prices INR 4,232-4,600/t; 84,000-t fines (Fe 61.89-62.65%) booked at base price of INR 3,740-3,900/t.
  • Donimalai: 44,000-t lumps (10-40 mm, Fe 53%) booked at base prices of INR 2,177/t.

Prices exclude royalty, DMF, and NMEDT.