India: 36,000 t of iron ore to be auctioned from Karnataka

  • U Krishna Prasad has scheduled an auction of 8,000 t of iron ore fines (Fe59.20-61.67%) on 23 Jan’23. The floor price is INR 3,100-3,600/t, including royalty, DMF, and NMET charges.
  • Vedanta will also conduct an auction for 28,000 t of iron ore lumps (Fe57.5%, 6-20 mm) from its A.Narrain mines on 24 Jan’23. The floor price is INR 3,696/t, excluding royalty, DMF, and NMET charges.

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