Tag: iron ore lumps price
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India: KSMCL’s iron ore auction fetches decent response, over 120,000 t booked
KSMCL conducted an auction for 267,996 t of iron ore from its Subbarayanahalli mines in Bellary, Karnataka, on 6 Sep’25. Out of the offered quantity, 122,000-t were booked, consisting of 74,000-t lumps (10-40 mm, Fe 63.03-64.73%) at INR 5,062-5,313/t and 48,000-t fines (Fe 61.53-62.54%) at INR 4,462-4,563/t (base prices). Prices are exclusive of royalty, DMF,…