India: Over 140,000 t of iron ore to be auctioned from Karnataka

  • BKG has scheduled auction to sell 60,000 t iron ore (Fe46-63.5%) at the base price of INR 775-3,625/t on 3 Feb.
  • Nadeem Minerals has scheduled auction to sell 60,000 t iron ore (Fe35-44.84%) at the base of INR 500-765/t on 3 Feb.
  • VESCO has scheduled auction to sell 24,000 t iron ore (Fe58.25-62.80%) at the base of INR 3,900-4,975/t on 6 Feb.
  • BKG and Nadeem’s prices exclude royalty while VESCO’s includes.

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