Jharkhand iron ore auction postponed with state-owned corporation in the lead

India: R. Praveen Chandra books 24,000 t of iron ore fines in today’s auction

Ramamurthy Praveen Chandra held an iron ore auction for 190,000 t of fines (Fe58.4-61.6%) on 23 Sep ’22 from Chitradurga, Karnataka. According to market sources, only 24,000 t was booked at the base price of INR 1,335-1,690/t. Prices are exclusive of royalty, DMF and NMET charges.


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