Sri Kumaraswamy Mineral Exports Private Limited (SKMEPL) had scheduled an auction on 1 Dec’22 for sale of around 32,000 t of iron ore lumps from its Ramanadurga mines in Bellary, Karnataka. Only 8,000 t of lumps (10-40mm, Fe59.5-65.5%) were booked at the base price of around INR 3,323-4,466/t. Prices are inclusive of royalty, DMF and NMET charges.
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