India: SKMEPL to auction 44,000 t of iron ore from Karnataka

Sri Kumaraswamy Mineral Exports Pvt Ltd (SKMEPL) has scheduled an auction for the sale of around 8,000 t of fines (Fe54%) and 36,000 of lumps (10-40 mm, Fe59.5-64.5%) from Ramanadurga mines in Bellary, Karnataka on 22 Dec’22. The floor price for fines has been set at INR 2,003/t while that for lumps is at INR 3,700-5,800/t. Prices will be inclusive of royalty, DMF and NMET charges.


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