Hothur Ispat Pvt Ltd (HIPL) has scheduled an auction for 56,000 t of iron ore from its Janikunta iron ore mines, Karnataka on 30 Mar’24. Out of the total quantity, 40,000 t are iron ore fines (Fe 49.50%) and 16,000 t are iron ore lumps (5-20 mm, Fe 43.50%). The floor price for the fines and lumps has been set at INR 1,550/t and INR 3,000/t, respectively. Prices include royalty, DMF and NMET.
