KSMCL has scheduled an auction for 128,000 t of iron ore from its Subbrayanahalli mines, Karnataka on 27 Dec'23, which includes 88,000 t fines (Fe 62.48%) and 40,000 t of lumps (10-40 mm, Fe 62.18-63.62%). The floor prices, which will be on ex-mines basis excluding royalty, DMF, and NMET, are not yet declared.