Tag: NMDC Karnataka iron ore e-auction

India: Karnataka iron ore e-auction sales hit seven-month high in July

Aug 14, 2020

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by

Indranath Jha

in Fines/Lumps

Karnataka’s monthly iron ore e-auction sales volume increased by 12% m-o-m in Jul’20. Total allotted quantity in Jul’20 was at 3.13 mn t compared to 2.79 mn t in Jun’20. Iron ore e-auction sales increased to a 7-month high in Jul’20 as similar figures were seen in Dec’19 at 3.6 mn t. Higher capacity utilization…