Tag: Karnataka Iron ore e-auction

In June’15, Karnataka E-Auction received mixed response. Iron ore sales drastically dropped down to 64% M-o-M. 3.4 MnT iron ore was offered via Karnataka e-auction in June’15. Out of the total, only 1.12 MnT material could have sold. Sales dropped down drastically to 64% M-o-M. In May’15 it was recorded as 3.1 MnT. Last month, both NMDC and…