KSMCL has scheduled an auction for 107,807 t of iron ore (77,000 t of fines (Fe 52.52-52.88%) and 30,807 t of lumps (10-40 mm, Fe 45.69-51.27%) from its Thimmappanagudi mines in Bellary, Karnataka to be held on 7 Dec’24. In its previous auction on 15 Nov, 52,000 t lumps (10-40 mm, Fe 62.36-65.06%) were booked at INR 5,196-5,395/t and 144,000 t fines (Fe 62.22-63.31%) at INR 4,269-4,484/t (excluding royalty, DMF & NMET).
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