India: MSTC invites Bid for Iron Ore E-auction in Karnataka

Metal & Scrap Trade Corporation (MSTC) is conducting Iron ore e-auction for private mines & stockyards in Karnataka on 7 Mar’14.

The Total quantity of 288,000 MT Iron ore is offered in the auction. 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: Detail of Material offered

  • Iron ore fines: 136,000 MT
  • Iron ore lumps: 36,000 MT
  • ROM: 116,000 MT
  • Total quantity: 288,000 MT

Bid opening time: 15.00 hrs on 07 Mar, 2014

Bid submission due date: Before 14.00 hrs on auction date

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.

Note: MSTC changed its auction date (Auction No- MSTC/BLR/MONITORING COMMITTEE /135/BANGALORE /13-14/14476) which was previously scheduled on 28 Feb, 2014. Now it is scheduled on 03 Mar, 2014 at 15.00 hrs.


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