Tag: Karnataka iron ore sales
-
India: Karnataka iron ore e-auction sales drop nearly 30% in 2022
Buyers-sellers still prefer the auction route Confusion prevails over pricing Long-term sales contracts being explored by miners Iron ore sales in Karnataka dropped 27% y-o-y in 2022, SteelMint data shows. Sales (including estimated direct sales) stood at 22.6 million tonnes (mnt) in CY22 against 30.9 mnt last year. Meanwhile, in December 2022, the total quantity…