MSTC, Monitoring committee on behalf of various mines and stockyards in Karnataka had conducted two e-auctions for iron ore on 27.06.2013.
In Auction 1 result declared of 68000 MT, the total percentage increase over the floor price is 9.03%, Auction 1 total number of bids 92, Number of bidders & winners are 8.
In Auction 2 result declared of 72000 MT, the total Percentage increase over the floor price is 18.83%,Auction 2 total number of bids 48, Number of bidders 6 & winners are 5.
Details of quantity offered:Auction 1
The total quantity offered in auction is 308000 MT
Lumps 52,000 MT
ROM 2,12,000 MT
Iron ore fines 44,000 MT
The result was declared of only 68000 MT, allocation of material is as follows
Iron ore lumps 12000 MT
Iron ore fines 36000 MT
Rom 20000 MT
Details of quantity sold:Auction 1
Total quantity 12000MT,Fe 62%, Iron ore lumps
Sathavahana Ispat ltd, booking price 3280, allotted quantity 8000 MT
Lumps sold at floor price.
Total quantity 8000 MT,Fe 58%,ROM
Shri venkateshwara sponge, booking price 1990, allotted quantity 4000 MT
JSW Steel pvt ltd, booking price 1980, allotted quantity 4000 MT
Floor price of ROM is 1850
Total quantity 28000MT, Fe% 64, Iron ore fines
Jsw Steel ltd, booking price 2760, allotted quantity 12000 MT
BMM Ispat ltd, booking price 2750, allotted quantity 8000 MT
Sathvahana Ispat, booking price 2750, allotted quantity 4000 MT
Xindia ltd, booking price 2740, allotted quantity 4000 MT
Floor price of Ironore fine s is 2350
Total quantity 4000 MT, Fe 61%, Iron ore fines
BMM Ispat , booking price 1940, allotted quantity 4000 MT
Floor price of iron ore fines is 1940
Total quantity 8000 MT, Fe 64%, ROM
Kalyani steels, booking price 2610, allotted quantity 4000 MT
ROM sold at floor price
Total quantity 4000 MT, Fe 65%, ROM
Apple industries, booking price 2740, allotted quantity 4000 MT
Floor price of ROM is 2730
Total quantity offered 4000 MT, Fe% Bellow 44, Iron ore fines
Rav S Steels pvt ltd, booking price 350, allotted quantity 4000 MT
Low grade iron ore fines sold at floor price.
Details of quantity offered:Auction 2
The total quantity offered in auction is 2,70,000 MT
Lumps 40,000 MT
ROM 1,74,000 MT
Iron ore fines 56,000 MT
The result is declared of only 72000 MT, allocation of material is as follows
Iron ore fines 12000 MT
Rom 60000 MT
Details of quantity sold:Auction 2
Total quantity 32000 MT,Fe 45%, ROM
Pavaman ispat pvt lts, booking price 510, allotted quantity 4000 MT
Mahamanav ispat , booking price 510, allotted quantity 4000 MT
JSW Steels pvt ltd booking price 500, allotted quantity 24000 MT
Floor price of ROM is 410
Total quantity offered 4000 MT,Fe% bellow 44,ROM
Rav S Steels pvt ltd, booking price 440, allotted quantity 4000 MT
Floor price of ROM is 350
Total quantity offered 24000 MT, Fe 45%, ROM
Suvan steels pvt ltd, booking price 510,allotted quantity 4000 MT
Pavaman ispat pvt ltd, booking price 500,allotted quantity 8000 MT
JSW Steels pvt ltd, booking price 490, allotted quantity 12000 MT
Floor price for ROM is 410
Total quantity offered 12000MT, Fe 44%, Iron ore fines
JSW Steels , booking price 360, allotted quantity 12000MT
Iron ore fines sold at floor price
Leave a Reply