SteelMint

India: Over 125,000 t of iron ore to be auctioned from Karnataka

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by

Nidhi Awasthi
in
  • SMIORE: 104,000 t of iron ore lumps (5-40 mm, Fe 55.30-58.20%) with floor prices set at INR 4,300-4,940/t on 27 Apr’24.
  • NMDC Donimalai: 4,000 t of iron ore lumps (10-40 mm, Fe 59%) and 20,000 t of fines (Fe 59%) on 29 Apr’24.
  • SMIORE prices include royalty, DMF & NMET while NMDC prices are yet to be announced.