Metal Scrap & Trading Corporation (MSTC) is going to conduct an e-auction for 340,000 MT Iron ore produced by NMDC from Chhattisgarh Mines.
MSTC is conducting an e-auction for 340,000 MT Iron ore produced by NMDC from Bacheli and Kirandul Mines. The total quantity put under e-auction consists of 120,000 MT Iron ore lumps, 60,000 MT ROM and 160,000 MT Iron fines. Also, the material shall be delivered on FoR ex-mine basis.
Quantity Breakup and Specification
|
Product |
Grade | Size (mm) | Qty (in MT) |
Location |
| CLO | Fe 67% | 10-40 | 40,000 | Bacheli Mechanical Railway Siding |
| ROM | Fe 65.5% | 10-150 | 60,000 | Bacheli Mechanical Railway Siding |
| Lump | Fe 65.5% | 6-40 | 80,000 | Kirandul Mechanical Railway Siding |
| Fines | Fe 64% | -10 | 80,000 | Bacheli Mechanical Railway Siding |
| Fines | Fe 64% | -10 | 80,000 | Kirandul Mechanical Railway Siding |
Interested buyers should give their quotations in INR/MT FoR, exclusive of royalty, sales tax and any other statutory duties, levies and taxes etc, which are applicable at time of supply. Last date for bid submission will be 26 Mar’15 at 11.00 hrs and the auction will be conducted on the same day at 13.00 hrs.
NMDC reduced Iron Ore Prices for Mar’15
NMDC had cut down Iron ore prices for Mar’15. Prices for lumps were reduced by INR 500/MT, fines by INR 300/MT and ROM by INR 440/MT.
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