India: MSTC to conduct Auction for Sale of Iron Ore

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

The three auctions are schedule on the same day i.e. 06 Jun, 2014 at 11.00 hrs, 13.00 hrs & 15.00 hrs at IST.

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.

Auction 1

• Iron ore fines: 296,000 MT
• Iron ore lumps: 56,000 MT
• Total quantity: 352,000 MT

Bid opening time: 11.00 hrs on 06 Jun, 2014

Auction 2

• Iron ore fines: 104,000 MT
• Iron ore lumps: 124,000 MT
• Total quantity: 228,000 MT

Bid opening time: 13.00 hrs on 06 Jun, 2014

Auction 3

• Iron ore fines: 336,000 MT
• Iron ore lumps: 80,000 MT
• Total quantity: 416,000 MT

Bid opening time: 15.00 hrs on 06 Jun, 2014

Bid Submission Due Date: Before 10.00 hrs on 06 Jun, 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.