India: Over 220,000 t of iron ore to be auctioned from Karnataka

Karnataka is set to auction around 224,000 t of iron ore.

• SKMEPL: 28,000 t of lumps (10-40 mm, Fe 63.15-64.30%) from its Ramanadurga mines in Karnataka on 13 Nov’24. The floor price has been set at INR 6,500-6,600/t.
• KSMCL: 144,000 t of fines (Fe 62.22-63.31%) and 52,000 t of lumps (10-40 mm, Fe 62.36-65.06%) from its Subbrayanahalli mines on 15 Nov’24.

SKMEPL’s prices include taxes, while KSMCL’s excludes.