Tag: Karnataka Iron Ore e-auctions

Karnataka Iron Ore Sales Down by 6% in Aug’16; Prices Remain Constant

Sep 5, 2016

—

by

Nishtha Mukherjee

in Uncategorized

1.93 MnT iron ore was sold via Aug’16 Karnataka e-auctions against 2.05 MnT in Jul’16. Two southern Indian iron ore importers turned to domestic market and participated in Aug’16 e-auctions owing to costly imports. Iron ore sales via Karnataka e-auctions dropped by 6% M-o-M to 1.93 MnT in Aug’16. NMDC’s iron ore sales via e-auctions…