India: 128,000 t of iron ore to be auctioned from Karnataka

  • R Praveen Chandra scheduled an auction for the sale of 108,000 t of iron ore fines (Fe58.5-61.5%) on 21 December. The floor prices have been set at INR 1,995-2,313/t.
  • Vedanta scheduled an auction for the sale of 20,000 t of iron ore lumps (6-20 mm, Fe58%) on 22 December. The floor price is at INR 3,576/t.
  • Prices will be exclusive of royalty, DMF and NMET charges.

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