Three iron ore auctions were conducted on 16 Mar’23 in Karnataka –
- SKMEPL offered 53,000 t of lumps (Fe61.8-65.6%) at floor price of INR 4,200-5,700/t (including royalty).
- BKG Mining put up 60,000 t of fines and lumps (Fe46-48%) at floor price of INR 950-1,150/t (excluding royalty).
- Nadeem Minerals offered 60,000 t of fines and lumps (Fe35-44.84%) at floor price of INR 500-765/t (excluding royalty).
All of them received no response.
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