India: Around 100,000 t of iron ore booked at Karnataka auctions

• NMDC Donimalai: 28,000 t lumps (10-40 mm, Fe 55%) and 40,000 t fines (-10mm, Fe 55%) booked at base prices of INR 2,850/t and 2,539/t respectively.
• SMIORE: Out of offered 73,000 t material, 6,000 t of lumps (10-40 mm, Fe 57.3%) were booked at INR 4,301/t. Moreover, 22,000 t (20-40 mm, Fe 56-57%) booked at INR 3,941-4,373/t, and 4,000 t lumps (Fe 55.7-56.1%) at INR 3,790-4,095/t.

Prices are inclusive of royalty, DMF and NMEDT charges.