Author: Nidhi Awasthi
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India: Around 160,000 t of iron ore booked in auctions from Karnataka
Around 160,000-t iron ore were booked in Karnataka-based auctions. NMDC Kumaraswamy (25 Feb): 76,000-t fines (Fe 57.12-57.67%) sold at INR 2,248-2,352/t; 42,000-t CLO (10-40 mm, Fe 61.54%) at INR 3,832/t. SMIORE (24 Feb): 29,000-t lumps (10-20/10-40 mm, Fe 56.1-58.5%) at INR 3,925-4,937/t; 8,000-t fines (Fe 61.3%) at INR 4,108/t. KSMCL (24 Feb): 4,000-t lumps (10-40…