Tag: Karnataka iron ore auction

Vedanta scheduled an auction for sale of 28,000 t of iron ore lumps, of which, only 4,000 t were booked at the base price of INR 3,891/t (excluding royalty, DMF and NMET). Meanwhile, Sri Kumaraswamy Mineral Exports Pvt. Ltd. auctioned for sale of 136,000 t of iron ore fines which (Fe58.1-66%) failed to receive bids.…