SKMEPL has scheduled an iron ore auction for 40,000 t of lumps (10-40 mm, Fe 53.1-63.9%) and 60,000 t of fines (Fe 53.1-63.1%) from its Ramanadurga mines in Karnataka. The auction will be held on 21 Feb’24. Base prices for lumps and fines are set at INR 4,300-6,550/t and INR 4,000-6,000/t, respectively. Prices are on ex-mines basis, including royalty, DMF, and NMET.
