Hothur Ispat Pvt. Ltd. (HIPL) has scheduled an auction for 28,000 t of iron ore from its Jonikunta Iron Ore Mines on 19 Apr’24. Of the total quantity, 8,000 t are fines (Fe 49.50%) and 20,000 t are lumps (5-20 mm, Fe 44.50-49.50%). The floor price for fines and lumps have been set at INR 1,550/t and INR 3,000-3,800/t, respectively. Prices include royalty, DMF and NMET.
