March 15, 2026

India: Karnataka to auction around 270,000 t of iron ore

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Karnataka miners set to auction around 267,996 t iron ore.

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  • KSMCL: 72,000-t lumps (10-40 mm, Fe 60.38-63.03%) and 183,996-t fines (Fe 60.28-61.53%) on 31 Dec’25.
  • Vedanta: 12,000-t lumps (6-20 mm, Fe 47.75-55.5%) on 23 Dec’25.

Floor prices are yet to be declared and will be exclusive of royalty, DMF and NMEDT charges.