India: 108,000 t iron ore to be auctioned from Karnataka on 26 Dec

  • VESCO has scheduled two auctions for 104,000 t of iron ore fines and lumps (Fe61.6-64.95%) from its Ramanamalai and Dharmapuri mines at floor prices of INR 3,250-4,550/t.
  • U Krishna Prasad has scheduled an auction of 4,000 t of iron ore lumps (10-40 mm, Fe61.78%) from Dharmapura mines. The floor prices for the auction are at INR 3,800/t.
  • Prices will be inclusive of royalty, DMF and NMET charges.

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