Tag: Karnataka Iron ore e-auction

Karnataka Iron ore e-auction held on 16 Mar’15 received a moderate response. Only about half of the total Iron ore offered by NMDC was sold. The e-auction by NMDC Kumarswamy Mines fetched flat bids. Fines (Fe 60%) were sold at the base price of INR 1,760/MT. Similarly lump (Fe 63%) was also allotted at its…