Tag: Karnataka Iron ore e-auction
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India: Karnataka’s iron ore e-auction sales drop 22% y-o-y in FY’25; outlook gloomy
NMDC’s LTA contracts impact total offered volumes in auctions Logistical problems, strikes, extended monsoon, MRT bill affect sales Iron ore e-auction sales volumes in Karnataka dropped significantly by around 22% y-o-y to 12.66 million tonnes (mnt) in FY’25 against 16.15 mnt in FY’24, data maintained with BigMint shows. Meanwhile, e-auction sales volumes totalled 1.01 mnt…