India: MSTC conducts E-Auction for Iron Ore Sale

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

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. No middlemen/traders are eligible to participate in the e-auction and no exports will be permissible.

Auction is scheduled on 11 Mar, 2014 at 11.00 hrs.

Material Details

  • Iron ore fines: 592,000 MT
  • Grade: Fe: 40-61%
  • Iron ore lumps: 228,000 MT
  • Grade: Fe: 54-61.5%
  • Total quantity: 820,000 MT

Bid submission due date: Before 10.00 hrs on 11 Mar, 2014

Note: MSTC  will also conduct e-auction for sale of Iron ore on 06, 07 & 10 Mar, 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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