SMIORE conducted an iron ore lumps auction for 28,000 t from Karnataka on 21 Jun’24.
- 3,000 t (5-20 mm, Fe 56.20-56.70%) were booked at base price of INR 5,340-5,460/t.
- 4,000 t (10-40 mm, Fe 56.40%) were booked at INR 4,710/t against the base price of INR 4,690/t.
- 4,000 t (20-40 mm, Fe 59.10%) were booked at INR 6,390/t against INR 6,090/t
- Prices include royalty, DMF and NMET.
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