Base price unchanged for 17th e-auction at INR 500/MT for all material type offered across all grades.
Department of Mines & Geology (DMG), Government of Goa has put up lots for 17th iron ore e-auction. The auction is scheduled on 10 Oct’16.
Total quantity to be auctioned is 2 MnT via 81 lots. Out of the total quantity to be auctioned, 1.54 MnT is ROM, 0.36 MnT is fines and 0.1 MnT is lump.
Grade of ROM offered ranges from Fe 27.6-62.6%. Fines offered ranges from Fe 44-62%. Grade of lump offered in the e-auction varies from Fe 47.2-60.9%.
Previous e-auction (i.e 16th) was held on 04 Oct’16 which received a good response. 1.14 MnT ore was sold, out of offered quantity of 1.7 MnT.
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