Tag: Sri Kumaraswamy Mineral Exports

India: SKMEPL’s iron ore auction from Karnataka fetches weak response

Jul 11, 2025

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by

Adarsh Sahu

in Fines/Lumps

Sri Kumaraswamy Mineral Exports Private Limited (SKMEPL) conducted an auction for around 172,000 t (Fe 48.32-63.83%) of iron ore from its mines located in Karnataka on 10 Jul’25. Of the offered quantity, only 28,000 t of lower-grade fines (Fe 48.32%) were booked at a base price of INR 1,300/t. Prices are inclusive of royalty, DMF,…