Tag: Karnataka iron ore auction

India: U Krishna Prasad’s iron ore auction fails to generate response

Sep 22, 2022

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by

Vaibhav Dubey

in Fines/Lumps

U Krishna Prasad had scheduled an auction on 21 Sept’22 for sale of 12,000 t of iron ore (fines and lumps) from Dharmapura mines in Sandur, Karnataka. The floor price for fines was INR 3,150/t and for lumps it was INR 3,900/t (including royalty, DMF and NMET). However, according to market sources, the auction failed…