Author: Nidhi Awasthi

SMIORE conducted an auction from Karnataka on 9 Oct’24, in which 33,000 t of iron ore lumps were booked. 7,000 t lumps (5-20 mm, Fe 55.6-57.3%) were booked at INR 4,440-5,110/t. 20,000 t lumps (10-40 mm, Fe 56.3-57.5%) were booked at INR 4,180-4,510/t against base price of INR 4,140-5,010/t. 6,000 t lumps (20-40 mm, Fe…