Tag: Iron ore e-auction

India: Karnataka’s iron ore e-auction sales drop 8% m-o-m in Oct’24 amid market uncertainty

Nov 26, 2024

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by

Vaibhav Dubey

in Fines/Lumps

Bid-offer disparities lead to unsold material Logistical challenges, monsoon impact sales Iron ore e-auction sales volumes in Karnataka dropped by around 8% m-o-m to 969,645 tonnes (t) in October 2024 against 1.05 million tonnes (mnt) in September 2024, data maintained with BigMint shows. Of the total volumes sold in the month under review, fines accounted…