India: KSMCL to auction 120,000 t of iron ore from Karnataka

KSMCL has scheduled an auction for 120,000 t of iron ore from its Subbrayanahalli mines in Bellary, Karnataka on 6 Jul’24, which includes 112,000 t of fines (Fe 61.49-63.22%) and 8,000 t of lumps (10-40 mm, Fe 62.36%). The floor prices, which will be on ex-mines basis excluding royalty, DMF, and NMET, are yet to be declared.


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