India: 200,000 t of iron ore sold at Karnataka-based auctions

Karnataka-based miners sold 200,000-t iron ore at auctions.

• NMDC Kumaraswamy (11 Feb): 64,000-t (Fe 57.42-63.51%) lumps sold at INR 2,839-4,555/t; 80,000-t (Fe 62.75-64.42%) fines at INR 3,772-4,399/t.
• NMDC Donimalai (10 Feb): 48,000-t (Fe 56%) fines booked at INR 2,187/t.
• Vedanta (7 Feb): 6,000-t silicious lumps (6-20 mm, Fe 49.75-51.5%) sold at INR 2,940-3,450/t and 2,000-t (10-40 mm, Fe 48.5%) at INR 2,650/t.
• KSMCL (11 Feb): Entire 297,500-t ore unsold.

Prices exclude royalty, DMF, NMEDT.