Tag: Iron ore auction

India: Over 70,000 t of iron ore booked in recent Karnataka auctions

Jun 11, 2024

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by

Vaibhav Dubey

in Fines/Lumps

SMIORE: 52,000 t of fines (Fe 55.30-57.50%) was booked at INR 3,150-3,650/t against the base price of INR 3,150-3,620/t on 7 Jun’24. Vedanta: 20,000 t of lumps (6-40 mm, Fe 54%) was booked at base price of INR 3,650/t on 7 & 8 Jun’24. SMIORE’s prices include royalty, DMF & NMET while Vedanta excludes.