Tag: Moil Auction
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India: No Bids Received in MOIL’s Ferro Manganese Auction
MOIL, a mini Ratna state-owned manganese-ore mining company headquartered in Nagpur, India conducted the e-auction on 14th Nov’19. The auction received no response as the base price quoted was at higher levels. In the Current Scenario, most of the Ferro Manganese producers are offering material at much cheaper prices as compared to the base prices offered by…