Sri Kumaraswamy Mineral Exports Private Limited (SKMEPL) had scheduled an auction on 12 Aug’22 for sale of 84,000 t of iron ore from its Ramanadurga mines in Karnataka’s Bellary district. According to market sources, 36,000 t of lumps (Fe56-65.8%) were booked at the base price of INR 2,426-4,320/t while fines remained unsold. Prices are inclusive of royalty, DMF and NMET.
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