Tag: MSTC E-auction
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India: Karnataka Manganese Ore E-auction fetches Poor Response
MSTC on behalf of miners based in Karnataka recently conducted an e-auction, in which it received only 7.4% bids, out of the total quantity put for auction. Manganese ore demand is very low in the market owing to weak buying interest from Manganese alloy producers. Earlier this month, Manganese Ore India (MOIL) has cut prices…