India: 4,000 t of iron ore fines booked at U Krishna Prasad’s Karnataka auction

U Krishna Prasad conducted an auction for 12,000 t of iron ore (fines and lumps) on 30 Jan’23 from Karnataka’s Bellary district. According to sources, 4,000 t of fines (Fe61.67%) were sold at the base price of INR 3,600/t whereas lumps remained unsold. The price included royalty, DMF, and NMET charges.


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