India: Over 230,000 t of iron ore to be auctioned from Karnataka

Karnataka will auction around 234,800 t of iron ore.

• U Krishna Prasad: 14,800 t fines( Fe 60.96 %) on 4 Nov’24. Floor price for fines has been set at INR 4,600/t.
• NMDC Kumaraswamy: 80,000 t lumps (10-40 mm, Fe 59.49-64.24%) and 140,000 t fines (Fe 63.12-63.80%) on 5 Nov’24.
• Price includes royalty,DMF and NMET.