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

  • Over 125,000 t of iron ore will be auctioned from Karnataka.
  • Vedanta: 8,000 t of lumps (6-20 mm, Fe 52.5%) and 16,000 t lumps (of 10-40 mm, Fe 52.5%) from A. Narrain mines on 23 Jul’24.
  • SKMEPL: 16,000 t of lumps (10-40 mm, Fe 63.5-64.2%) and 88,000 t of fines (Fe 63.60-66.05%) from Ramanadurga on 25 Jul’24. Floor prices for lumps are at INR 6,300-6,400/t and fines, INR 5,350-6,300/t, including taxes.

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