Karnataka State Minerals Corporation Limited (KSMCL) will conduct two iron ore auctions from Sandur, Karnataka on 4 Jan’23. The first auction is for 252,000 t (fines and lumps, Fe62.08-63.24%) while the second is for 108,095 t (fines and lumps, Fe52.07-60.09%). The floor price which will be excluding royalty, DMF and NMET charges, is yet to be declared by the company.
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