Tag: KSMCL auction result
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India: Buyers book 160,000 t of iron ore in KSMCL’s auction from Karnataka
KSMCL conducted an auction for 160,000 t of iron ore from its Subbrayanahalli mines in Bellary, Karnataka on 8 Feb’24. 108,000 t fines (Fe 63.02%) and 52,000 t lumps (10-40 mm, Fe 63%) were booked at INR 5,022-5,032/t and INR 5,846-5,856/t against the base price of INR 4,862/t and INR 5,346/t, respectively. Notably, bid prices…