U Krishna Prasad scheduled an auction for the sale of 12,000 t of iron ore (fines and lumps) from the Dharmapura mines in Sandur, Karnataka, on 26 Sept’22. The floor price of fines was INR 3,150/t, while that of lumps was INR 3,900/t (including royalty, DMF and NMET). According to market sources, the auction closed without a single bid being placed.
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