Tag: Karnataka Iron ore e-auctions sales

India: Karnataka Iron ore E-auction Sales Volume Hit all Time Low in April

May 7, 2020

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by

Indranath Jha

in Fines/Lumps

Iron ore procurement fell sharply as steel mills either curtailed output or had their operations suspended. Karnataka has registered 73% declined in monthly e-auction sales volume in the first month of the fiscal year FY’21. Total iron ore allotted quantity in Apr’20 was recorded at 0.54 MnT compared to 1.95 MnT in Mar’20. In the…