Tag: Vedanta iron ore auction

India: Around 100,000 t of iron ore lump to be auctioned from Karnataka

Feb 19, 2024

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by

Nikita Shukla

in Fines/Lumps

Two iron ore auctions have been scheduled on 21 Feb in Karnataka. SMIORE has scheduled an auction for 86,000 t of iron ore lumps (5-40 mm, Fe 52.90-59%) from its Sandur mines. Floor prices have been set at INR 4,190-5,420/t, inclusive of taxes. Vedanta will auction 12,000 t of lumps (6-40 mm, Fe 56%) from…