Tag: Iron ore floor price India
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India: Over 20,000 t of iron ore to be auctioned from Karnataka
Karnataka is set to see 2 iron ore auctions from Vedanta and R Praveen Chandra over 10-12 Sep, cumulatively offering 23,550 t from the companies’ respective Chitradurga mines. Vedanta (10 Sep): 12,000-t lumps (6-40 mm, Fe 52.75-57.5%). R Praveen Chandra (12 Sep): 11,550-t lumps (6-30 mm, Fe 57.5%). Floor prices were set at INR 5,500/t.…