Sri Kumaraswamy Mineral Exports Private Limited (SKMEPL) had scheduled an auction on 20 Jul’22 for sale of 122,370 t of iron ore from its Ramanadurga mines in Karnataka’s Bellary district. According to market sources, the entire quantity of 12,000 t of lumps was booked at around INR 3,700-3,800/t while only 12,000 t of fines (Fe50.0-66.5%) were booked out of 110,370 t at around INR 1,300-4,500/t (excluding royalty, DMF and NMET).
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