India: Over 70,000 t of iron ore to be auctioned from Karnataka on 18 Nov’22

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Vedanta has scheduled an auction for 20,000 t of iron ore lumps (6-20mm, Fe58-60%), with the floor price at INR 4,184/t (excluding royalty, DMF and NMET).
VESCO has scheduled two auctions for around 52,000 t of iron ore (fines and lumps, Fe63.25-64.95%), with the floor prices in the range of INR 3,300-4,375/t (including royalty, DMF and NMET).

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