Author: Nidhi Awasthi
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India: Over 200,000 t of iron ore to be auctioned from Karnataka
Karnataka will auction around 215,000 t of iron ore. SMIORE: 11,000 t lumps (5-40 mm, Fe 56.50-57.20%) and 16,000 t fines (Fe 54.10-56.50%) on 18 Oct’24. Floor prices of lumps and fines are 4,680-5,090/t and 2,860-3,320/t, respectively. KSMCL: 140,000 t fines (Fe 62.22-63.31%) and 48,000 t lumps (10-40 mm, Fe 65.06%) from Subbrayanahalli on 25…