NMDC had an iron ore auction from Kumaraswamy Mines, Karnataka on 31 Jan’26. According to sources, 116,000 t fines (Fe 60.53-61.31%) and 40,000 t lumps (10-40, Fe 63.15%) booked at INR 2,799-3,291\/t and INR 4,455\/t against the base price of INR 2,789-2,921\/t and INR 3,805\/t, respectively. Prices are on ex-mines basis and exclusive of royalty, DMF and NMET.<\/p>\n","protected":false},"excerpt":{"rendered":"
NMDC had an iron ore auction from Kumaraswamy Mines, Karnataka on 31 Jan’26. According to…<\/p>\n","protected":false},"author":1,"featured_media":56043,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[313],"tags":[],"class_list":["post-56042","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"jetpack_publicize_connections":[],"featured_image_urls":{"full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-03T122217.048.jpg?fit=1280%2C720&ssl=1?v=1770099775",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-03T122217.048.jpg?resize=150%2C150&ssl=1?v=1770099775",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-03T122217.048.jpg?fit=300%2C169&ssl=1?v=1770099775",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-03T122217.048.jpg?fit=640%2C360&ssl=1?v=1770099775",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-03T122217.048.jpg?fit=640%2C360&ssl=1?v=1770099775",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-03T122217.048.jpg?fit=1280%2C720&ssl=1?v=1770099775",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-03T122217.048.jpg?fit=1280%2C720&ssl=1?v=1770099775",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-03T122217.048.jpg?resize=1115%2C715&ssl=1?v=1770099775",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-03T122217.048.jpg?resize=800%2C500&ssl=1?v=1770099775",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-03T122217.048.jpg?fit=1024%2C576&ssl=1?v=1770099775",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-03T122217.048.jpg?resize=540%2C340&ssl=1?v=1770099775",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-03T122217.048.jpg?resize=400%2C250&ssl=1?v=1770099775",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"Iron & Steel<\/a>","tag_info":"Iron & Steel","comment_count":0,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-03T122217.048.jpg?fit=1280%2C720&ssl=1?v=1770099775","jetpack-related-posts":[{"id":56036,"url":"https:\/\/biztrend24.com\/?p=56036&lang=en","url_meta":{"origin":56042,"position":0},"title":"India: Around160,000 t of iron ore booked at NMDC’s Kumaraswamy auction","author":"Biz Trend 24","date":"February 3, 2026","format":false,"excerpt":"NMDC had an iron ore auction from Kumaraswamy Mines, Karnataka on 31 Jan'26. According to sources, 116,000 t fines (Fe 60.53-61.31%) and 40,000 t lumps (10-40, Fe 63.15%) booked at INR 2,799-3,291\/t and INR 4,455\/t against the base price of INR 2,789-2,921\/t and INR 3,805\/t, respectively. Prices are on ex-mines\u2026","rel":"","context":"In "Iron & Steel"","block_context":{"text":"Iron & Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-03T121940.351.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-03T121940.351.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-03T121940.351.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-03T121940.351.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-03T121940.351.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":54528,"url":"https:\/\/biztrend24.com\/?p=54528&lang=en","url_meta":{"origin":56042,"position":1},"title":"India: Over 270,000 t of iron ore booked in NMDC Karnataka’s auction","author":"Biz Trend 24","date":"January 19, 2026","format":false,"excerpt":"NMDC auctioned 272,000 t of iron ore from its Kumaraswamy mines in Karnataka on 17 Jan'26. 88,000-t lumps (10-40 mm, Fe 60.18-61.11%) were booked at around INR 3,630-3,798\/t against base prices of INR 3,198-3,388\/t, and 184,000-t fines (Fe 58.4-61.61%) were sold at INR 2,509-3,282\/t against base prices of INR 2,429-2,972\/t.\u2026","rel":"","context":"In "Iron & Steel"","block_context":{"text":"Iron & Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-19T153602.793.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-19T153602.793.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-19T153602.793.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-19T153602.793.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-19T153602.793.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":53187,"url":"https:\/\/biztrend24.com\/?p=53187&lang=en","url_meta":{"origin":56042,"position":2},"title":"India: 40,000 t of iron ore booked in Odisha auctions","author":"Biz Trend 24","date":"January 7, 2026","format":false,"excerpt":"SAIL auctioned 40,000 t of iron ore dump fines from its Bolani mines, with 20,000 t (Fe 59.92%) booked at a INR 200\/t premium over a INR 4,600\/t base price and 20,000 t (Fe 60.52%) at a INR 350\/t premium over INR 5,200\/t on 3-6 Jan'26. Another 32,000 t (Fe\u2026","rel":"","context":"In "Iron & Steel"","block_context":{"text":"Iron & Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-07T110005.162.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-07T110005.162.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-07T110005.162.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-07T110005.162.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-07T110005.162.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":52015,"url":"https:\/\/biztrend24.com\/?p=52015&lang=en","url_meta":{"origin":56042,"position":3},"title":"India: DR CLO fetches premium at NMDC’s iron ore auction from Chhattisgarh","author":"Biz Trend 24","date":"December 28, 2025","format":false,"excerpt":"NMDC conducted an auction for 227,000 t of iron ore from its Bacheli and Kirandul mines in Chhattisgarh on 26 Dec'25. Around 25,800-t DR CLO (10-40 mm, Fe 67%) were booked at an 11.5% premium (base price INR 6,300\/t), 6,000-t ROM (10-150 mm, Fe 65.5%) were booked at base price\u2026","rel":"","context":"In "Iron & Steel"","block_context":{"text":"Iron & Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-28T133151.701.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-28T133151.701.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-28T133151.701.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-28T133151.701.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-28T133151.701.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":49648,"url":"https:\/\/biztrend24.com\/?p=49648&lang=en","url_meta":{"origin":56042,"position":4},"title":"India: Around 240,000 t booked in NMDC Karnataka’s iron ore auctions","author":"Biz Trend 24","date":"December 4, 2025","format":false,"excerpt":"NMDC Karnataka's auctions on 2 and 3 Dec recorded bookings of 240,000 t iron ore. Lumps fetched premiums of up to INR 720\/t. Kumaraswamy (3 Dec):\u00a096,000-t lumps (10-40 mm, Fe 59.63-61.21%) booked at INR 4,145-4,415\/t against base price of INR 3,695-4,082\/t; 116,000-t fines (Fe 56.17-61.29%) booked at INR 2,453-3,804\/t. Donimalai\u2026","rel":"","context":"In "Iron & Steel"","block_context":{"text":"Iron & Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-04T125850.371.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-04T125850.371.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-04T125850.371.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-04T125850.371.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-04T125850.371.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":61145,"url":"https:\/\/biztrend24.com\/?p=61145&lang=en","url_meta":{"origin":56042,"position":5},"title":"India: Over 120,000 t of iron ore booked in Karnataka auctions","author":"Biz Trend 24","date":"March 24, 2026","format":false,"excerpt":"At Karnataka-based auctions on 20-21 Mar'26, 124,000 t of iron ore were booked. NMDC Kumaraswamy:\u00a080,000-t fines (Fe 60.14-60.64%) and 40,000-t CLO (10-40 mm, Fe 61.86%) booked at INR 2,814-2,901\/t and INR 3,744\/t, respectively. U Krishna Prasad:\u00a04,000-t fines (Fe 61.63%) booked at INR 4,059\/t against the base price of INR 4,050\/t.\u2026","rel":"","context":"In "Iron & Steel"","block_context":{"text":"Iron & Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-9.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-9.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-9.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-9.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-9.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/56042","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=56042"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/56042\/revisions"}],"predecessor-version":[{"id":56044,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/56042\/revisions\/56044"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/56043"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56042"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56042"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56042"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}