Metal & Scrap Trade Corporation (MSTC) is conducting Iron ore e-auction for Ramgad Minerals and Mining Ltd (RMML) & Vyasankere Iron ore mines in Karnataka.
Total quantity of 248,000 MT Iron ore is offered on 24 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.
In last e-auction of Vyasankere Iron ore mines held on 04 Feb 2014, MSPL was the highest buyer of fines at INR 4,150/MT for Fe 63 grade. Kalyani steel & Mukand are the other buyer on same price.
E-auction is scheduled on 21 Feb, 2014 at 15.00 hrs.
Auction: Detail of Quantity offered in E-auction
- Iron ore fines: 108,000 MT
- Iron ore lumps: 140,000 MT
- Total quantity: 248,000 MT
Bid opening time: 15.00 hrs on 24 Feb, 2014
Bid submission due date: Before 14.00 hrs on 24 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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