MSTC (Metal & Scrap Trading Corporation Ltd), a Mini Ratna company is organizing an Iron ore e-auction for various mines at Karnataka on 14th of August.
The total number of auctions to be conducted is `3'. The total quantity of Iron ore offered for sale is about 14,12,000 MT.
Auction 1 Opening Time 11:00 HRS IST and Closing Time 13:00 HRS IST
Auction 2 Opening Time 14:00 HRS IST and Closing Time 16:00 HRS IST
Auction 3 Opening Time 16:00 HRS IST and Closing Time 18:00 HRS IST
Inspection of material for auction 1 will take place between 07.08.13 to 13.08.13
Inspection of material for auction 2 & 3 will take place between 08.08.13 to 13.08.13
Auction 1:
Iron ore offered for sale:
Total quantity 7,36,000 MT
Iron ore fines 3,88,000 MT
ROM 3,12,000 MT
Iron ore Lumps 36,000 MT
Royalty 10%, VAT 5.5% (on auction price and royalty) FDT 12% are applicable
Auction 2:
Iron ore offered for sale:
Total quantity 2,64,000 MT
Iron ore Lumps 1,12,000 MT
Iron ore Fines 1,28,000 MT
ROM 4000 MT
CLO(Calibrated lumps ore) 20,000 MT
Royalty 10%, VAT 5.5% (on auction price and royalty) FDT 12% are applicable
Auction 3:
Iron ore offered for sale:
Total quantity 4,12,000 MT
Iron ore Fines 1,68,000 MT
Iron ore Lumps 2,24,000 MT
ROM 16000 MT
CLO 4000 MT
Royalty 10%, VAT 5.5% (on auction price and royalty) FDT 12% are applicable
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