Tag: Karnataka iron ore sales
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India: Karnataka iron ore e-auction sales down 52% m-o-m in Nov
Karnataka recorded a 52% m-o-m decline in its iron ore e-auction sales volumes in Nov’21. The total allotted iron ore quantity in Nov was 1.57 million tonnes (mn t) as against 3.24 mn t in October. Preference for pellets seems to have lowered iron ore lumps procurement by mills in November. Notably, SteelMint recorded pellet…