India: Over 370,000 t of iron ore to be auctioned from Karnataka

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- U Krishna Prasad has scheduled an auction for sale of 12,000 t of iron ore fines (Fe61.67-64.04%) from Bellary, Karnataka, at the base price of INR 4,075-4,755/t.
- SMIORE will auction 361,000 t of iron ore (fines and lumps, Fe57-59.2%) from Bellary at the floor price of INR 2,970-4,310 /t.
- Both auctions will be conducted on 20 Feb and prices include royalty, DMF, and NMET.

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