Tag: SKMEPL iron ore auctiom

Sri Kumaraswamy Mineral Exports Pvt Ltd (SKMEPL) conducted an auction for sale of 100,000 t of iron ore lumps (Fe61.8-66%) from Ramanadurga mines in Bellary, Karnataka, on 9 Feb’23. According to sources, the entire quantity remained unsold as buyes showed no interest. The floor price was set at INR 4,100-5,600/t (inclusive of royalty, DMF, and…