The Sandur Manganese & Iron Ores Ltd (SMIORE) has scheduled an auction for the sale of around 50,000 t of iron ore lumps (Fe58.1-59.9%) on 5 Jan’23 from Karnataka’s Bellary district. The floor price for the auction is set at INR 3,440-4,320/t. Prices will be inclusive of royalty, DMF and NMET charges.
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