India: 20,000 t of iron ore fines booked in R. Praveen Chandra’s auction

Ramamurthy Praveen Chandra held an iron ore auction of 148,000 t of fines (Fe58.4-58.5%) on 25 Aug’22 from Chitradurga, Karnataka. According to market sources, only 20,000 t was booked at the base price of around INR 1,304-1,313/t. Prices are exclusive of royalty, DMF and NMET charges.