SMIORE had a 33,000 t iron ore lumps auction from Karnataka on 23 Apr’24.
- 4,000 t of lumps (20-40 mm, Fe 58%) got booked at the base price of INR 5,290/t.
- 15,000 t of lumps (5-20 mm, Fe 55.3-56.2%) got booked at the base price of INR 4,500-4,870/t.
- Prices include royalty, DMF and NMET.