Tag: Karnataka Iron Ore e-auctions

India: Karnataka’s iron ore e-auction sales volumes drop by 21% m-o-m in Jan’24

Feb 20, 2024

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by

Nikita Shukla

in Fines/Lumps

Players prefer direct sales over auctions Exhausting EC limits for the FY’24 Iron ore e-auction sales volumes in Karnataka decreased by 21% m-o-m to 0.96 million tonnes (mnt) in January 2024 from 1.22 mnt in December 2023, as per BigMint data. Out of the total volume of iron ore sold via auctions, 564,000 tonnes (t)…