U Krishna Prasad conducted an auction for 12,000 t of iron ore (fines and lumps, Fe61.58-61.78%) from the Dharmapura mines in Sandur, Karnataka, on 14 Nov’22. According to market sources, the auction closed without a single bid being placed. The floor price of fines was INR 3,100/t, while that for lumps was INR 3,850/t (including royalty, DMF, and NMET).
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