Tag: Iron ore auction
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India: SMIORE iron ore lumps auction from Karnataka receives active response
SMIORE recently conducted an auction from Karnataka on 28 Sep’24, in which 39,000 t of iron ore lumps were booked. 9,000 t lumps (5-20 mm, Fe 55.5-56.2%) were booked at INR 4,330-4,670/t against the base price of INR 4,330-4,660/t 19,000 t lumps (10-40 mm, Fe 56.5-59.10%) were booked at INR 4,020-4,830/t 11,000 t lumps (20-40…