Tag: KSMCL iron ore auction
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India: Over 70,000 t of iron ore booked at KSMCL’s auction
Karnataka State Minerals Corporation Ltd (KSMCL) auctioned 192,000-t iron ore on 25 Jun’25, with 72,000 t sold. Notably, 48,000 t of fines (Fe 62.54-64.3%) were booked at INR 4,546-4,634/t against base prices of INR 4,536-4,591/t. Meanwhile, 24,000 t of lumps (10-40 mm, Fe 64.3%) were sold at INR 5,278-5,288/t against a base price of INR…