India: Over 60,000 t of iron ore to be auctioned from Karnataka

Karnataka will witness auctions for 61,000 t of iron ore in the coming days.

• SMIORE: 13,000 t lumps (5-40 mm, Fe 54.30-59.10%) on 13 Sep’24. Prices are yet to be declared.
• SKMEPL: 48,000 t lumps (5-40 mm, Fe 61.31-63.92%) on 17 Sep’24. Floor prices have been set at INR 5,800-6,150/t (including royalty, DMF, and NMET).