Tag: Karnataka iron ore e-sales auction

India: Karnataka’s iron ore auction sales drop sharply by 39% in H1FY’25

Oct 30, 2024

—

by

Nikita Shukla

in Fines/Lumps

Bid-offer disparities lead to unsold material Logistical challenges, monsoon impact sales Karnataka’s iron ore e-auction sales witnessed a significant decline in the first half (April-September 2024) of the financial year 2024-25 (H1FY’25). Sales volumes stood at 5.72 million tonnes (mnt), down by 39% y-o-y from 9.32 mnt in H1FY’24, as per BigMint’s data. Furthermore, September…