State-owned, MSTC-Karnataka, conducted the e-auction of manganese ore on behalf of Sandur Mines (SMIORE) on 11th Feb 2021. Out of the total quantity 23,100t offered, only 4,032t was booked at close to the total floor price. The auction could not fetch higher bids as manganese ore is available at cheaper prices in the domestic market, which restricted interest in the auctions.
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