Author: Nidhi Awasthi
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India: Karnataka’s iron ore e-auctions see firm bidding; Kumaraswamy lumps attract premiums of up to 53%
Around 400,000 t booked across major miners’ auctions Donimalai fines, lumps largely trade close to base prices Around 400,000 tonnes (t) of iron ore was booked across auctions conducted by major miners in Karnataka on 11 September 2026, with premiums varying significantly across grades and products. High-grade Kumaraswamy ore attracted the strongest bidding, while Donimalai…