India: Over 335,000 t of iron ore to be auctioned from Karnataka

Karnataka is set to auction around 340,000 t of iron ore.

  • Vedanta: 16,000 t lumps on 10 Apr’24.
  • SMIORE: 70,000 t lumps and 102,000 t fines on 13 Apr’24. Floor prices are set at INR 3,970-5,290/t and INR 3,480-3,570/t, respectively.
  • U Krishna Prasad: 13,200 t lumps and 10,300 t fines on 15 Apr’24. Floor prices are set at INR 6,200/t and 5,490/t, respectively.
  • KSMCL: 56,000 t lumps and 71,998 t fines on 18 Apr’24.