Tag: Goa iron ore e auction

SteelMint had reported that Goa’s 19th iron ore e-auction conducted on 21 Apr’17 received very dull response with almost 91% of the offered material remaining unsold. The major reason behind dull response to the e-auction was majority (96%) of the ore offered was of low-grade (i.e. having Fe content below 58%). Recent sharp decline in…