Intel Details

India: 36,000 t of iron ore booked at Sri Kumaraswamy Mineral Exports' auction

5 Aug 2022, 19:13 IST
Steel Mint Intel

Sri Kumaraswamy Mineral Exports Private Limited had scheduled an auction on 5 Aug'22 for sale of 128,000 t of iron ore from its Ramanadurga mines in Karnataka's Bellary district. According to market sources, the entire quantity of 20,000 t of lumps (Fe56-65.5%) was booked at around INR 2,426-4,273/t while only 16,000 t of fines (Fe48-66.5%) were booked out of 108,000 t at around INR 3,800/t. Prices are inclusive of royalty, DMF and NMET.

5 Aug 2022, 19:13 IST
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