Karnataka Iron ore e-auction on 16th July

Iron ore e-auction on behalf of monitoring committee for various mines and stockyards in the states of Karnataka on 16.07.2013.Total quantity of iron ore offered for sale is 4,32,000 MT .

The opening and closing date for both the auction is same 16.7.2013 at 11:00 IST & Closed at 13:00 IST

Inspection of material for both the auction will take place between 08.07.2013 to 15.07.2013

Details of quantity offered for sale:

Iron ore lumps 1,48,000MT

Iron ore fines 72,000 MT

ROM 12000 MT

CLO 4000 MT

Royalty 10%, VAT 5.5% (on auction price and royalty), FDT 12% are applicable.

Details of quantity offered for sale:

Iron ore lumps 1,72,000 MT

Iron ore fines 24,000 MT

Royalty 10%, VAT 5.5% (on auction price and royalty)


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