India: Over 360,000 t of iron ore to be auctioned from Karnataka

• NMDC Kumaraswamy: 40,000 t lumps (10-40 mm, Fe 61.12%) and 160,000 t fines (Fe 58.64-62.81%) to be auctioned on 7 Oct.
• NMDC Donimalai: 28,000 t lumps (10-40 mm, Fe 55-54%) and 20,000 fines (Fe 56%) on 8 Oct.
• SMIORE: 80,000 t lumps (5-40 mm, Fe 51-58.1%) and 36,000 t fines (Fe 53.4-57.9%) will be auctioned on 10 Oct.

Price are yet to be declared and will include royalty, DMF and NMET.