Tag: Karnataka iron ore auction

India: VESCO to auction 20,000 t of iron ore from Karnataka

Oct 8, 2022

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by

Vaibhav Dubey

in Fines/Lumps

Veerabhadrappa Sangappa and Company (VESCO) has scheduled an auction for 16,000 t of iron ore fines (Fe63.25%) and 4,000 t of lumps (Fe64.5%) from its Dharmapuri mines in Karnataka on 14 Oct’22. The fines floor price is set at INR 3,175/t, while the lumps floor price is INR 4,350/t. Prices include royalty, DMF and NMET.