Jharkhand iron ore auction postponed with state-owned corporation in the lead

India: R. Praveen Chandra’s iron ore auction receives no response

R. Praveen Chandra scheduled an auction on 12 Oct’22 for sale of 166,000 t of iron ore fines (Fe58.40-58.50%) from Chitradurga, Karnataka. According to market sources, the auction did not receive response. The base price for the auction was set at INR 1,343-1,351/t (excluding royalty, DMF and NMET).


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