Industrial Development Corporation of Odisha Limited (IDCOL) has issued tender for sale of around 28,000 MT Iron Ore and 11,400 MT Sponge Grade Calibrated Lump Ore from its Roida ‘C’ iron and manganese mines, Keonjhar (Odisha).
Specification of items, tender-wise
| Material | Size (mm) | Fe Content(%) | Delivery Period | Tentative Quantity (MT) |
| Crushed Iron Ore Fines | 0-5 | 55% | 60 | 28,000 |
| Sponge Grade Calibrated Lump Ore | May-18 | 62% | 60 | 11,400 |
| Total | 39,400 | |||
Validity: Bids submitted by the bidder shall be valid for a period of 30 days from the last date of price bid opening.
Due date: The Due Date for submitting the bids is 17 Apr’19 till 11:00 Hrs and the opening of the bids is scheduled on the same day at 11:30 Hrs for both.
For Contact and Other Details of Iron ore CLICK HERE and for Sponge Grade Calibrated Lump Ore CLICK HERE.
Market News
SteelMint in conversation with market participants learned that Odisha’s 2nd largest merchant miner – Serajuddin Mines has further widened discounts on iron ore lump bulk bookings. Other miners may take further action in couple of days ahead. India’s largest iron ore producing state has recorded Feb’19 production at 10.03 MnT, down 5% M-o-M.
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