SKMEPL has scheduled an iron ore auction for 28,000 t of lumps (5-40 mm, Fe 59.30-63.25%) and 8,000 t of fines (Fe 57.26%) from its Ramanadurga mines in Karnataka on 21 Oct’24. The base prices of lumps and fines have been set at INR 5,000-6,000/t and INR 3,650/t, respectively. Prices are on ex-mines basis, including royalty, DMF, and NMET.
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