Sandur Manganese and Iron Ore Limited had scheduled an auction on 8 Sept’22 for sale of 336,000 t of iron ore (fines and lumps) from its mines in Bellary, Karnataka. The floor price for fines was INR 2,905-3,075/t and for lumps was INR 5,240-6,220/t (including royalty, DMF and NMET). According to market sources, the auction failed to receive any response.
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