Tag: Karnataka iron ore published

KSMCL conducted an auction for 370,095 t of iron ore on 18 Nov’22. Only 4,000 t of lumps (Fe54.18%) were booked at the base price of INR 1,757/t (excluding royalty, DMF and NMET). VESCO’s 52,000 t of iron ore auction (fines and lumps, Fe63.25-64.95%) also failed to attract buyers. The floor prices were set at…