SteelMint

India: Over 150,000 t of iron ore to be auctioned from Karnataka

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by

Nidhi Awasthi
in
  • SKMEPL: 4,000 t lumps (10-40 mm, Fe 53.1%) and 48,000 t fines (Fe 53.20-63.06%) on 15 May’24. Floor prices are set at INR 3,900/t and 3,000-5,500/t, respectively.
  • KSMCL: 36,000 t lumps (10-40 mm, Fe 62.11%) and 68,000 t fines (Fe 63.22%) on 18 May’24.
  • KSMCL’s price excludes taxes while SKMEPL’s includes.