Tag: Karnataka
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India: Karnataka Iron Ore Sales in Sep’14 declines by 21% M-o-M
Iron ore sales through Karnataka e-auction have witnessed a downtrend and have declined from Aug’14 (1.4 MnT) to Sep’14 (1.1 MnT). Out of 1.25 MnT Iron ore offered, 1.13 MnT was sold in Sep’14. Steel companies are preferring Iron ore imports, which have reduced Karnataka sales for two consecutive months from Jul’14 (2.3 MnT), Aug’14…