India: SKMEPL to auction nearly 140,000 t of iron ore from Karnataka

SKMEPL has scheduled an auction for 139,981 t of iron ore from its Ramanadurga mines, Karnataka, on 2 Apr’25. The total quantity includes 83,981 t of lumps (10-40 mm, Fe 53-64.3%) and 56,000 t of fines (Fe 49-59%). Floor prices have been set at INR 3,200-6,300/t for lumps and INR 1,200-3,600/t for fines, on ex-mines basis, inclusive of royalty, DMF, and NMET.


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