SKMEPL has scheduled an iron ore auction for 19,000 t of lumps (10-40 mm, Fe 53.1-60.5%) and 48,000 t of fines (Fe 51.5-53.1%) from its Ramanadurga mines in Karnataka. The auction will be held on 8 Apr’24. The base prices for lumps and fines are set at INR 4,100-6,000/t and INR 2,800-3,000/t, respectively. Prices are on ex-mines basis, including royalty, DMF, and NMET.
