India: 88,000 t of iron ore lumps booked at AMNS’ auction from Odisha

AMNS India scheduled 88,000 t of iron ore lumps auction from Sagasahi mines on 22 Dec’22.

• 16,000 t of lumps (5-18mm, Fe62.5%) were sold at INR 6,580/t.
• 24,000 t of lumps (10-30mm, Fe59%) were sold at INR 4,185-4,200/t.
• Another 48,000 t of lumps (10-30mm, Fe60.5%) were sold at INR 3,775-3,790/t.
• All prices include royalty, DMF, and NMET.