India: MSTC conducts Auction for Iron Ore Sale

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

Material will be available for sale on “As is Where is” basis.

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

Auction is scheduled on 10 Mar, 2014 at 15.00 hrs.

Material Details

  • Iron ore fines: 76,000 MT
  • Iron ore lumps: 132,000 MT
  • Total quantity: 208,000 MT

Bid submission due date: Before 14.00 hrs on 10 Mar, 2014

MSTC is also conducting two auctions for sale of Iron ore on 06 & 07 Feb, 2014.

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


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