Karnataka State Minerals Corporation (KSMCL) will conduct two iron ore auctions from Sandur, Karnataka on 18 Nov’22. The first auction is for 252,000 t (fines and lumps, Fe62.08-63.22%) while the second is for 118,095 t (fines and lumps, Fe52.07-60.45%). The floor price which will be excluding royalty, DMF and NMET charges will be declared by the company one day before the auction.
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