India: Over 95,000 t of iron ore to be auctioned from Karnataka

  • U Krishna Prasad will auction 12,000 t of iron ore (Fe59.2-61.81%) at the base price of INR 3,100-3,900/t on 30 Jan.
  • VESCO will auction 24,000 of iron ore (Fe58.25-62.8%) at the base of INR 3,450-4,675/t on 30 Jan.
  • SMIORE will auction 60,000 of iron ore lumps (Fe58-59.2%) at the base of INR 4,265-4,480/t on 28 Jan.
  • These auctions will be held in Karnataka and prices will include royalty, DMF, and NMET.

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