Tag: Karnataka iron ore market
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India: Over 50,000 t of iron ore booked at SMIORE auction
Sandur Manganese and Iron Ores Limited (SMIORE) sold 55,000 t of iron ore out of 141,000 t offered from Bellary, Karnataka, on 28 Feb’26. 30,000 t of lumps (10-40 mm, Fe 54.3-58.2%) were booked at INR 3,284-4,874/t and 5,000 t (20-40 mm, Fe 55.5-57.9%) at INR 3,725-4,517/t. Another 4,000 t of lumps (5-20 mm, Fe…