SteelMint

India: Over 240,000 t of iron ore to be auctioned from Karnataka

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by

Nikita Shukla
in
  • SMIORE: 28,000 t lumps (5-40mm, Fe 56.20-59.20%) on 21 Jun’24 with floor price at INR 5,340-5,620/t.
  • NMDC Kumaraswamy: 108,000 t lumps (10-40 mm, Fe 60.86-63.79%) and 96,000 t fines (Fe 62.78-63.57%) on 24 Jun’24.
  • VESCO: 12,000 t lumps (10-40mm, Fe 62.50-64.20%) with floor price at INR 6,950-7,575/t on 26 Jun’24.
  • Prices include royalty, DMF and NMET.