Sandur Manganese and Iron Ores Ltd (SMIORE) has scheduled an auction for 12,000 t of iron ore fines (Fe 55.70%) and 27,000 t of iron ore lumps (5-40mm, Fe 54.30-59.20%) from its Sandur mines in Karnataka on 10 Jul’24. The floor prices for fines and lumps have been set at INR 2,950/t and 4,500-6,140/t, respectively. Prices include royalty, DMF and NMET.
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