MSTC`s E-auction for 1.85 MnT  of Iron Ore 

MSTC (Metal & Scrap Trading Corporation Ltd) is organizing Iron ore e-auction on 30 August 2013 in Karnataka on behalf of various mines and stockyards. Total quantity of Iron ore offered for sale 18,54,000 MT.

Auction is to commence at 11:00 HRS IST on 30 Aug, 2013 and will conclude by 13:00 HRS IST

 

Inspection of material will take place between 24.08.13 to 29.08.13

 

Iron ore offered for sale:

ROM 18,02,000 MT

Iron ore lumps 40,000 MT

Fines 12,000 MT

 

Royalty 10%, VAT 5.5% (on auction price and royalty) FDT 12% are applicable

 

 


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