Sri Kumaraswamy Mineral Exports Pvt Ltd (SKMEPL) conducted an auction for the sale of around 52,000 t of iron ore from its Ramanadurga mines in Bellary, Karnataka on 24 Feb’23. According to sources, 4,000 t of lumps (20-40mm, Fe63.50%) were booked at the floor price of INR 5,700/t. Prices were inclusive of royalty, DMF, and NMET charges.
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