Tag: Goa iron ore e auction
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India: Only 70% of material booked in 25th Goan iron ore e-auction
In the 25th iron ore e-auction held on 24th Mar’21, about 1 mn t (70% of total) iron ore was booked out of the total 1.62 mn t put to auction. The purchase was hampered due to low grade of iron ore put to auction and weak demand in China on recently announced production cuts.…