SKMEPL has scheduled an iron ore auction for 27,000 t of lumps (10-40 mm, Fe 53.1-63.8%) and 60,000 t of fines (Fe 51.5-63.2%) from its Ramanadurga mines in Karnataka. The auction will be held on 18 Mar’24. The base prices for lumps and fines are set at INR 4,300-6,400/t and INR 3,300-6,000/t, respectively. Prices are on ex-mines basis, including royalty, DMF, and NMET.
