- SMIORE conducted an auction for 60,000 t iron ore lumps, out of which 12,000 t (5-20mm, Fe58.4%) were booked at INR 4,465/t, 8,000 t (5-20mm, Fe58%) at INR 4,415/t and 4,000 t (20-40mm, Fe59.2%) at INR 4,330/t (including royalty, DMF & NMET).
- Vedanta’s auction for 24,000 t iron ore lumps (Fe57.5%) received bids for the entire quantity at INR 4,076/t against the base price of INR 3,696/t (excluding royalty, DMF & NMET).
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