Tag: SMIORE iron ore auction

India: SMIORE to auction over 450,000 t of iron ore fines from Karnataka

Jan 5, 2023

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by

Ratiram Gurjar

in Fines/Lumps

Sandur Manganese and Iron Ores Ltd (SMIORE) has scheduled an auction for the sale of around 452,000 t of iron ore fines (Fe57-58.80%) on 7 Jan’23 from Karnataka’s Bellary district. The floor price for the auction is set at INR 2,510-2,775/t. Prices will be inclusive of royalty, DMF and NMET charges.