The 4th Advance E-auction of Donimalai mines in Karnataka was held on 11th June 2013 at 17:38 IST. It offered 4.48 MT of Iron Ore for bidding. The auction witnessed around 715 bids out of which only 12 were selected of which 10 were the winners of the bid.
Details of quantity offered:
Iron ore lumps 144,000 MT
Moisture 4-6%, Undersized up to 15%
Iron ore fines 304,000 MT
Moisture 6-8%
Detail of Quantity Sold:
1st week (17-23/06/2013)
Iron ore lumps, Fe 62%, Total quantity offered 36000 MT
JSW Steel, Booking price 3973, Quantity allotted 20,000
JSW Steel salem, Booking Price 3973, Quantity allotted 8000
Sesa goa, Booking Price 3973, Quantity allotted 8000
Iron ore Fines, Fe 60%, Total quantity offered 60000 MT
JSW Steel, Booking price 2190, Quantity allotted 40,000
Kalyani Gerdau steels, Booking Price 2190, Quantity allotted 8000
Electrotherm India, Booking Price 2190, Quantity allotted 4000
Sesa Goa, Booking Price 2180, Quantity allotted 8000
2nd week (24-30/06/2013)
Iron ore lumps, Fe 62%, Total quantity offered 36000 MT
JSW Steel, Booking price 3973, Quantity allotted 20,000
JSW Steel salem, Booking Price 3973, Quantity allotted 8000
Sesa goa, Booking Price 3973, Quantity allotted 8000
Iron ore Fines, Fe 60%, Total quantity offered 60000 MT
Kalyani Gerdau Steels, Booking price 2720, Quantity allotted 8000
Sesa Goa, Booking Price 2720, Quantity allotted 8000
Mukand ltd, Booking Price 2720, Quantity allotted 4000
SLR metaliks ltd, Booking Price 2720, Quantity allotted 4000
JSW Steel ltd, Booking Price 2710, Quantity allotted 36000
3rd week (1-7/07/2013)
Iron ore lumps, Fe 62%, Total quantity offered 36000 MT.
JSW Steel, Booking price 3973, Quantity allotted 20,000
JSW Steel salem, Booking Price 3973, Quantity allotted 8000
Sesa goa, Booking Price 3973, Quantity allotted 8000
Iron ore Fines, Fe 60%, Total quantity offered 92000 MT
SLR metaliks ltd, Booking price 2750, Quantity allotted 4000
Sesa Goa, Booking Price 2740, Quantity allotted 12000
Kalyani Gerdau Steels, Booking Price 2740, Quantity allotted 8000
SBQ Steels, Booking Price 2740, Quantity allotted 4000
Sona alloys pvt ltd, Booking Price 2740, Quantity allotted 4000
Lanco industries, Booking price 2740, Quantity allotted 4,000
JSW Steel, Booking price 2730, Quantity allotted 56,000
4th week (8-14/07/2013)
Iron ore lumps, Fe 62%, Total quantity offered 36000 MT
JSW Steel, Booking price 3973, Quantity allotted 20,000
Sesa goa, Booking Price 3973, Quantity allotted 8000
Sona alloys pvt ltd, Booking Price 3973, Quantity allotted 4000
JSW Steel salem, Booking Price 3973, Quantity allotted 4000
Iron ore Fines, Fe 60%, Total quantity offered 92000 MT
Lanco industries, Booking price 2740, Quantity allotted 8000
Kalyani Gerdau Steels, Booking Price 2740, Quantity allotted 8000
Sesa Goa, Booking Price 2740, Quantity allotted 8000
Mukand ltd, Booking Price 2740, Quantity allotted 4000
Sona alloys pvt ltd, Booking Price 2740, Quantity allotted 4000
JSW Steel, Booking price 2730, Quantity allotted 60,000
Total quantity of lumps & fines offered by the Donimalai mines were sold. In the bidding process Booking price was increased by 12.84% over the floor price.
Iron ore lumps were sold on floor price. Main bidder for lumps was JSW Steel & Sesa goa for lumps.
Iron ore fines were sold 18% above the floor price .
Leave a Reply