Industrial Development Corporation of Odisha Ltd (IDCOL), a state owned miner has floated tender for sale of total 30,700 tonnes of high grade Iron ore from its Roida mines located in Odisha.
As per tender documents quantity of 10,700 tonnes of high grade (Fe 65%) is on for sale of size 5-18mm and another quantity of high grade lumps of 5-150mm and grade 65% is available for sale on ex-mines basis.
Bids are only acceptable from steel plants for self consumption, no traders and crushing units are eligible to participate, according to tender documents.
Last date of submission of bids is 2nd May 2013.
Current prices of high grade CLO (5-18mm) is working out to be in range of Rs 7,600-7,650/t (Loaded to wagons at major railway sidings in Odisha)
Leave a Reply