India: MSTC to conduct Auction for Sale of Iron Ore

Metal Scrap Trade Corporation (MSTC) invites bid for sale of Iron ore from different Iron ore mines/Stockyard at Karnataka.

Material will be available for sale on “As is Where is” basis.

The e-auction is for registered Steel, Pig iron, Pelletisation, Sponge iron and Beneficiation plants which have been wholly/partly dependent on Iron ore from Karnataka for their own use.

The two auctions are scheduled on 29 Apr & 30 Apr, 2014.

Auction 1

• Iron ore lumps: 36,000 MT
• Iron ore fines: 192,000 MT
• Iron ore ROM: 684,000 MT
• Total quantity: 912,000 MT

Bid opening time: 15.00 hrs on 29 Apr, 2014
Bid submission due date: Before 14.00 hrs on 29 Apr, 2014

Auction 2

• Iron ore lumps: 44,000 MT
• Iron ore fines: 100,000 MT
• Iron ore ROM: 220,000 MT
• Total quantity: 364,000 MT

Bid opening time: 15.00 hrs on 30 Apr, 2014
Bid submission due date: Before 14.00 hrs on 30 Apr, 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.