Author: Nidhi Awasthi

SMIORE recently conducted auctions from Karnataka, in which 21,000 t of iron ore lumps were booked. 3,000 t lumps (5-20 mm, Fe 54.3-55%) were booked at INR 3,820-4,270/t and 1,000 t lumps (20-40 mm, Fe 57.1%) at INR 4,790/t on 13 Sep’24. 9,000 t lumps (20-40 mm, Fe 56-56.5%%) were booked at INR 4,290-4,570/t and…