Sandur Manganese and Iron Ores Ltd (SMIORE) has released auction notifications for 152,000 t of iron ore fines (Fe 54.60-58.80%) and 52,000 t of iron ore lumps (5-40mm, Fe 55-58.50%) from its Sandur mines in Karnataka on 22 and 23 May. The floor prices for fines and lumps have been set at INR 2,750-3,580/t and 4,220-5,960/t, respectively, which includes royalty, DMF and NMET.
