Tag: Karnataka iron ore auction

India: 48,000 t of iron ore lumps booked at auctions from Karnataka on 31 Jan

Feb 1, 2023

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by

Vaibhav Dubey

in Fines/Lumps

SMIORE conducted an auction for 60,000 t iron ore lumps, out of which 12,000 t (5-20mm, Fe58.4%) were booked at INR 4,465/t, 8,000 t (5-20mm, Fe58%) at INR 4,415/t and 4,000 t (20-40mm, Fe59.2%) at INR 4,330/t (including royalty, DMF & NMET). Vedanta’s auction for 24,000 t iron ore lumps (Fe57.5%) received bids for the…