Tag: Karnataka Iron Ore

India: Bids rise by around INR 150/t in recent Karnataka iron ore e-auction

Jan 2, 2021

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by

Monika Bajaj

in Fines/Lumps

The recent Karnataka e-auction conducted on 31st Dec’20 by private miners received increase in bids. Bids for iron ore lumps (Fe 59.25%) offered by Vedanta ltd. increased to INR 5,987/t against bid of INR 5,883/t in last e-auction conducted on 29th Dec’20. The auction fetched bids for 331,000 t (212,000 fines and 119,000 lumps) out…