Jharkhand iron ore auction postponed with state-owned corporation in the lead

India: Around 1,280,000 t of iron ore booked in recent Karnataka auctions

  • NMDC held an iron ore (Fe59-61%) auction on 16 July from its Donimalai mines. The entire quantity of 148,000 t of lumps and 452,000 t of fines was booked.
  • In another NMDC’s auction from Kumaraswamy mines, out of the total 680,000 t on offer, 670,000 t were booked.
  • BKG Mining held a 127,000 t-iron ore (both fines and lumps, Fe46-60.20%) auction from Sandur mines on 15 July. Only 7,000 t of lumps were booked at INR 1,950-3,530/t while fines remained unsold.

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