India: Buyers book over 170,000 t of iron ore in auction from Karnataka on 27 Dec

• KSMCL: 88,000 t of fines (Fe 62.48%) and 40,000 t of lumps (10-40 mm, Fe 62.18- 63.62%) at INR 5,155-5,165/t and INR 5,207-5,762/t against the base price of INR 4,345/t and INR 4,497- 4,602/t.
• SMIORE: 45,000 t of lumps (5-40 mm, Fe 58- 60.80%) at INR 4,270-6,970/t against the base price of INR 4,270-5,200/t.
• KSMCL's price excludes taxes while SMIORE includes.