India: Nearly 90,000 t of iron ore to be auctioned from Karnataka

Karnataka will witness auctions for around 88,000 t of iron ore in the coming days.

• NMDC Donimalai: 12,000 t lumps (10-40 mm, Fe 59%) and 32,000 t fines (Fe 59%) on 20 Aug’24. Prices are yet to be declared.
• SKMEPL: 20,000 t lumps (5-40 mm, Fe 61.31-64.45%) and 24,000 t fines (Fe 60.85%) on 22 Aug. Floor prices are set at INR 6,100-6,300/t and 4,100/t, respectively (including royalty, DMF & NMET).