SKMEPL has scheduled an iron ore auction for 28,000 t of lumps (10-40 mm, Fe 53-63.9%) and 52,000 t of fines (Fe 53.1-59%) from its Ramanadurga mines in Karnataka. The auction will be held on 29 Feb’24. The base prices for lumps and fines are set at INR 4,300-6,550/t and INR 3,800-4,500/t, respectively. Prices are on ex-mines basis, including royalty, DMF, and NMET.
