Sandur Manganese and Iron Ore Limited (SMIORE) conducted an auction for 41,000 t of iron ore lumps from its mines in Bellary, Karnataka, on 16 Feb’23.
- 4,000 t (20-40mm, Fe59.10%) were booked at INR 5,285/t against the base price of INR 4,295/t.
- 20,000 t (5-40mm, Fe58.30-59.20%) were booked at the base price of INR 4,235-4,440/t.
- Prices include royalty, DMF, and NMET charges.
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