Tag: Karnataka iron ore auction

India: 4,000 t of iron ore lumps booked at SKMEPL’s Karnataka auction

Feb 25, 2023

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by

Vaibhav Dubey

in Fines/Lumps

Sri Kumaraswamy Mineral Exports Pvt Ltd (SKMEPL) conducted an auction for the sale of around 52,000 t of iron ore from its Ramanadurga mines in Bellary, Karnataka on 24 Feb’23. According to sources, 4,000 t of lumps (20-40mm, Fe63.50%) were booked at the floor price of INR 5,700/t. Prices were inclusive of royalty, DMF, and…