Karnataka State Minerals Corporation Limited (KSMCL) will conduct two iron ore auctions from Sandur, Karnataka on 10 Feb’23. The first auction is for 248,000 t (fines and lumps, Fe62.09-63%) while the second is for 149,998 t (fines and lumps, Fe53.25-58.58%). The floor price which will be excluding royalty, DMF and NMET charges and is yet to be declared by the company.
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