India: Over 250,000 t iron ore auctions to be held in Karnataka

  • JSW will auction 180,000 t iron ore lumps (10-40 mm, Fe51-55%) at base price of INR 1,684-2,122/t on 3 Mar’23.
  • R Praveen Chandra will auction 64,000 t iron ore fines (Fe58.5-61.5%) at base price of INR 2,889-3,267/t on 2 Mar.
  • U Krishna Prasad will auction 8,000 t iron ore fines (Fe61.67%) at base price of INR 4,025/t on 27 Feb.
  • U Krishna Prasad’s price includes royalty unlike the auctions by JSW and R Praveen Chandra.

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