India: KSMCL’s iron ore auction receives active response

Karnataka State Minerals Corp. Ltd. (KSMCL) conducted an iron ore e-auction on 24 Jun’22 from its Subbrayanahalli iron ore mine in which 66,634 t of material was booked out of a total of 67,240 t.

  • The iron ore fines (Fe 61.46-62.21%) lot was booked at INR 2,346-2,431/t ex-mines excluding royalty, DMF and NMET.
  • The iron ore lumps (Fe 62.76-62.88%) lot was booked at INR 2,630-3,301/t ex-mines excluding royalty, DMF and NMET.

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