India: MSTC to conduct Auction for Sale of Iron Ore

Iron oreMetal Scrap Trade Corporation (MSTC) invites bid for sale of Iron ore from different Iron ore mines/stockyard at Karnataka.

The e-auction is for registered Steel, Pig iron, Pelletization, Sponge iron and Beneficiation plants which have been wholly/partly dependent on Iron ore from Karnataka for their own use.

The two auctions are scheduled on 21 May & 22 May, 2014

Auction 1

  • Iron ore fines: 256,000 MT
  • Iron ore lumps: 40,000 MT
  • Iron ore ROM: 220,000 MT
  • Total quantity: 516,000 MT

Bid opening time: 15.00 hrs on 21 May, 2014

Bid submission due date: 10.00 hrs on 21 May, 2014

Auction 2

  • Iron ore fines: 1,012,000 MT
  • Iron ore lumps: 308,000 MT
  • Total quantity: 1,320,000 MT

Bid opening time: 15.00 hrs on 21 May, 2014

Bid submission due date: 10.00 hrs on 21 May, 2014

MSTC conducted its last auction for sale of 556,000 MT Iron ore on 16 May, 2014.

Royalty, Forest Development Tax, Sales tax, Cess and other statutory duties & levies etc applicable at the time of supplies will be extra and payable by the successful bidder.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *