India will hold an auction for more than 50,000 tons of iron ore

VESCO will hold an auction for 44,000 tons of iron ore (Fe63.5-64.8%) from Dharmapuri mines. The base price of the auction is INR 4,050-4,750/ton ($0,049-0,057/ton). U Krishna Prasad will hold an auction for 8,000 tons of iron ore fine (Fe59.20-61.67%). The base price of the auction is INR 3,150-3,650/ton ($0.038-0.044/ton). The auctions are planned to be held on January 9, 2023, and copyright, DMF and NMET fees will also be included in the prices.