NEWS
GEOLOGY   Iron Ore  

India: Karnataka Govt Invites Bid for 4 Iron Ore Blocks

Department of Mines and Geology (Govt. of Karnataka) has floated the tender for auctioning of 4 iron ore blocks in Karnataka for its 4th phase.

Interested and eligible bidders can participate in bidding only after purchasing of tender document on payment of INR 500,000 plus taxes per tender document .

Due Dates:

  • Last date of sale of tender document – 03 Jun’19
  • Bid due date (Technical + Initial Price offer ) – 12 Jun’19
  • Opening of Technical Bids – 13 Jun’19
  • Announcement of Technically Qualified Bidders – 20 Jun’19
  • Opening of Initial Price offers of Technically Qualified bidders – 24 Jun’19
  • Announcement of Preferred Bidder – 01 Jul’19

Prior to this, Department of Mines and Geology (Govt. of Karnataka) had floated the tender to grant 08 different Iron ore blocks in Karnataka belonging to category “C” mines

News No: 4620
Date: 2019/05/22 - 12:51
News Source: SteelMint

India  Karnataka  Iron Ore  Mines  Geology 

Comments:

Leave a Comment:

   
   
   
 

Indian Sponge Iron Export Prices Fall in Recent Deals

Amid falling Indian domestic sponge prices & decline in Bangladesh imported scrap prices, Indian sponge iron export offers have come down by USD 10-15/MT in recent deals reported, as per assessment made by SteelMint.
 

India: Imported Scrap Prices Inch Down in Recent Deals

SteelMint learned from industry participants that Indian imported scrap prices inch down on a weekly basis in limited deals reported. Following continued global price fall, Indian scrap importers remain majorly cautious before buying actively amid weakening local semi-finish prices and still subdued finish steel demand.
 

Chinese Crude Steel Output Hits Record High in May’19

As per the recent data released by NBS (National Bureau of Statistics), Chinese crude steel output records new high in May’19 at 89.09 MnT.
 

What does June 2019 have in Store for Global Steel Market?

The two key raw material for steel production, Iron Ore and Scrap prices are moving in opposite directions. The Vale disaster at the Brumadinho tailing dam in late January this year has led to a cut in iron ore supplies, and a spike in spot prices making them to hit five years high, leaving no margins for blast furnaces.
 

Analysts say Vale execs optimistic about recovery of output at Brucutu mine

Brazil’s Vale which needs court approval to resume production at its Brucutu mine after a deadly dam collapse, told analysts it expects to do so soon, analysts at brokerage XP said on Thursday after meeting with the miner’s top executives.
 

South Korean Mills Lower HRC Offers to India

SteelMint in conversation with market participants learned that Indian HRC import offers from Korea reported decline by around USD 10/MT for July- August shipments.
Upcoming Events
Publications
 Mines & Metals

Mine & Business Today

 Scrap & Recycling

Ahangan

Our partners