Sri Kumaraswamy Mineral Exports Pvt. Ltd. had scheduled an auction on 20 Oct’22 for sale of around 124,000 t of iron ore fines and lumps (Fe58.1-66%) from its Ramanadurga mines in Bellary, Karnataka. According to market sources, the auction did not receive any response. The floor prices for fines and lumps were INR 2,501-4,200/t and INR 4,380-4,880/t, respectively (excluding royalty, DMF and NMET).
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