The Sandur Manganese and Iron Ores Ltd (SMIORE) has scheduled an auction for sale of 41,000 t of iron ore lumps (Fe58.3-59.2%) on 16 Feb’23 from Karnataka’s Bellary district. The floor price for the auction is set at INR 3,650-4,440/t. Prices will be inclusive of royalty, DMF, and NMET charges.
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