SKMEPL has scheduled an auction for 132,000 t of iron ore -32,000 t of lumps (5-40 mm, Fe 59-59.20%) and 100,000 t of fines (Fe 52.5-57.40%) -from its mines in Karnataka. The auction will be held on 18 Oct’25. The base prices of lumps and fines have been set at INR 5,000-5,400/t and INR 2,600-3,500/t. Prices are on ex-mines basis, including royalty, DMF, and NMEDT.
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