India: MSTC conducts 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.

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.

There are two auctions which are scheduled on 04 Feb & 05 Feb, 2014.

Auction 1

  • Iron ore lumps: 124,000 MT
  • Iron ore fines: 100,000 MT
  • Total quantity: 224,000 MT
  • Bid opening time: 15.00 hrs on 04 Feb, 2014
  • Bid submission due date: Before 14.00 hrs on 04 Feb, 2014

Auction 2

  • Iron ore ROM: 2,100,000 MT
  • Iron ore lumps: 36,000 MT
  • Iron ore fines: 200,000 MT
  • Total quantity: 2,346,000 MT
  • Bid opening time: 15.00 hrs on 05 Feb, 2014
  • Bid submission due date: Before 14.00 hrs on 05 Feb, 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.


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