Sri Kumaraswamy Mineral Exports Pvt Ltd (SKMEPL) conducted an auction for the sale of around 112,000 t of iron ore from its Ramanadurga mines in Bellary, Karnataka on 18 Jan’23. According to sources, 4,000 t of lumps (Fe63%) were booked at the floor price of INR 5,500/t. Prices were inclusive of royalty, DMF, and NMET charges.

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