India: Karnataka manganese ore auction receives good response

State-owned, MSTC-Karnataka, conducted the e-auction for manganese ore on behalf of Sandur Mines (SMIORE) on 20 Oct 2020. 12,096t was booked at approximately 10.51% higher than the total floor value. The quantity offered has been low for two successive months after the onset of monsoons. Acore Industries remained the largest buyer in the auction with the total quantity of 7,560t.


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