MSTC (Metal & Scrap Trading Corporation Ltd) is organizing Iron ore e-auction at Karnataka on behalf of various mines and stockyards in Karnataka. The total number of auction going to take place is '5' Iron ore offered for sale is 1.764 MnT.
Auction 1: Date 13.09.13, Opening Time 14:00 HRS IST and Closing Time 16:00 HRS IST
Auction 2: Date 13.09.13, Opening Time 16:00 HRS IST and Closing Time 18:00 HRS IST
Auction 3: Date 17.09.13, Opening Time 15:00 HRS IST and Closing Time 17:00 HRS IST
Auction 4: Date 18.09.13, Opening Time 11:00 HRS IST and Closing Time 13:00 HRS IST
Auction 5: Date 18.09.13, Opening Time 15:00 HRS IST and Closing Time 17:00 HRS IST
Inspection of Material for auction 1 and 2 will take place between 07.09.13 to 12.09.13
Inspection of Material for auction 3 will take place between 10.09.13 to 16.09.13
Inspection of Material for auction 4 and 5 will take place between 10.09.13 to 17.09.13
Auction 1: Date 13.09.13
Iron ore offered for sale:
Total quantity 200,000 MT
Iron ore fines 80,000 MT
Iron ore Lumps 120,000 MT
Royalty 10%, VAT 5.5% (on auction price and royalty) FDT 12% are applicable
Auction 2: Date 13.09.13
Iron ore offered for sale:
Total quantity 276,000 MT
Iron ore Lumps 180,000 MT
Iron ore Fines 76,000 MT
ROM 20,000 MT
Royalty 10%, VAT 5.5% (on auction price and royalty) FDT 12% are applicable
Auction 3: Date 17.09.13
Iron ore offered for sale:
Total quantity 588,000 MT
Iron ore Fines 16,000 MT
Iron ore Lumps 44,000 MT
ROM 528,000 MT
Royalty 10%, VAT 5.5% (on auction price and royalty) FDT 12% are applicable
Auction 4: Date 18.09.13
Iron ore offered for sale:
Total quantity 380,000 MT
Iron ore Fines 80,000 MT
Iron ore Lumps 12,000 MT
ROM 288,000 MT
Royalty 10%, VAT 5.5% (on auction price and royalty) FDT 12% are applicable
Auction 5: Date 18.09.13
Iron ore offered for sale:
Total quantity 320,000 MT
Iron ore Fines 8,000 MT
Iron ore Lumps 28,000 MT
ROM 284,000 MT
Royalty 10%, VAT 5.5% (on auction price and royalty) FDT 12% are applicable
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