Auction

India: MSTC invites Bid for Iron Ore E-auction

Metal & Scrap Trading Corporation (MSTC) is conducting Iron ore e-auction for other mines & NMDC in Karnataka. 

The Total quantity of 730,700 MT Iron ore is offered on 21 Feb, 2014 e-auction. The e-auction is for registered Steel plants, Pig iron plants, Pelletisation plant, Sponge iron plants and Beneficiation plants which have been wholly/partly dependent on Iron ore from Karnataka for their own use.

There are two auctions which are scheduled on the same day i.e. on 21 Feb, 2014 at 13.00 hrs & 15.00 hrs.

Auction 1: Other Mines Iron ore E-auction

  • Iron ore fines: 394,000 MT
  • Iron ore lumps: 120,700 MT
  • Total quantity: 514,700 MT

Bid opening time: 13.00 hrs on 21 Feb, 2014

Auction 2: NMDC’s Iron ore E-auction

  • Iron ore fines: 116,000 MT
  • Iron ore lumps: 100,000 MT
  • Total quantity: 226,000 MT

Bid opening time: 15.00 hrs on 21 Feb, 2014

Bid submission due date: Before 10.00 hrs on 21 Feb, 2014

Royalty, Forest Development Tax, Sales tax, Cess and other statutory duties & levies etc. applicable at the time of supplies will be extra and payable by the successful bidder.


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