SteelMint

India: 140,000 t of iron ore to be auctioned from Karnataka

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by

Nidhi Awasthi
in
  • Vedanta: 20,000 t lumps (6-20 mm, Fe 54-55%) on 24 May’24.
  • BKG Mining: 20,000 t lumps (10-40 mm, Fe 42.5%) and 32,000 t fines (Fe 43-63%) on 28 May’24. Floor prices are set at INR 850/t and INR 770-4,600/t, respectively.
  • KSMCL: 4,000 t lumps (10-40 mm, Fe 62.57%) and 64,000 t fines (Fe 63.22%) on 31 May’24.
  • Prices are exclusive of royalty, DMF and NMET.