Tag: E-auction of manganese ore

India: Karnataka’s Manganese Ore E-auction fetch bids at 15.74% above Set Floor Value

Apr 21, 2014

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by

Rohan Baid

in Uncategorized

Indian state-owned trading company MSTC, which had begun electronic auction sales of minehead stocks of Manganese ore available with Karnataka miner Sandur Manganese & Iron Ores (SMIORE), has fetched bids at similar levels for its 13,392 MT of Manganese ore of grade 20-32 Mn. The floor price for ore cargoes containing 26-28 Mn and Fe…