India: Around 80,000 t of iron ore to be auctioned from Karnataka

Following are upcoming iron ore auctions scheduled from Karnataka.

• Vedanta: 4,000 t lumps (10-40 mm, Fe 54%) and 4,000 t fines (Fe 42.5%) on 26 Jun’25.
• SKMEPL: 52,000 t lumps (10-40 mm, Fe 62.65-63.3%) at INR 6,300-6,400/t and 20,000 t fines (63%) at INR 2,700/t on 30 Jun.

While SKMEPL’s price includes taxes, Vedanta’s price is excluding taxes.