Author: Adarsh Sahu

Karnataka-based miners are set to auction 297,550 t of iron ore. R Praveen Chandra: 11,550-t lumps (6-30 mm, Fe 57.5%) on 8 Aug at a floor price of INR 5,500/t. KSMCL: 98,000-t lumps (10-40 mm, Fe 62.27-64.73%) and 120,000-t fines (Fe 61.51-62.54%) on 11 Aug. SKMEPL: 40,000-t lumps (10-40 mm, Fe 57.3-63.1%) and 28,000-t fines…