Tag: Karnataka iron ore auction
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India: Karnataka iron ore e-auction by private miners receives tepid response
Private miners in Karnataka had conducted an e-auction for 662,950 t of iron ore on 20 May of which 234,950 t was booked. Vedanta Limited emerged as the largest buyer at 40,000 t followed by Rai Bahadur Seth Shreeram Narasingdas Private Limited at 28,000 t. The iron ore fines (Fe 67.02%) lot was booked at…