Tag: Karnataka iron ore auction

VESCO’s two auctions for 44,000 t of iron ore (fines and lumps, Fe58.25-64.8%), with floor prices in the range of 3,450-4,675/t, failed to attract buyers. U Krishna Prasad’s iron ore fines (Fe59.2-61.67%) auction for 8,000 t, with floor prices at INR 3,150-3,650/t, also failed to receive bids. All prices were including royalty, DMF and NMET…