MSTC (Metal & Scrap Trading Corporation Ltd) is organizing an Iron ore e-auction in Karnataka on behalf of various mines and stockyards in Karnataka.
Iron ore auction will be conducted on 1st October'13. The total quantity of Iron ore offered for sale is 324,000 MT.
Auction will commence at 15:00 HRS IST and conclude by 17:00 HRS IST
Inspection of material will take place between 25.09.13 to 30.09.13
Iron ore offered for sale:
ROM 272,000 MT
Iron ore fines 16,000 MT
Iron ore Lumps 36,000 MT
Royalty 10%, VAT 5.5% (on auction price and royalty) FDT 12% are applicable
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