India: 60,000 t of iron ore lumps to be auctioned from Karnataka on 21 Nov

  • Vedanta has scheduled an auction for 24,000 t of iron ore lumps (6-40mm, Fe57.9-59.5%), with the floor price at INR 3,892-4,115/t (excluding royalty, DMF and NMET).
  • Sri Kumaraswamy Mineral Exports Pvt Ltd has scheduled an auction for 36,000 t of iron ore lumps (10-40mm, Fe59.5-65.5%), with the floor prices in the range of INR 3,900-4,730/t (including royalty, DMF and NMET).

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