OMC to Resume Iron Ore Auction from Next Week – Sources

Odisha’s state owned miner – Orissa Mining Corporation (OMC) is set to resume iron ore auctions, SteelMint learned from its sources. Price meeting for fixing base price of auction is scheduled today and auction is likely to be held next week, sources close to the matter cited. The miner had earlier announced auction of 475,500 MT iron ore lump on 27th Mar’20 but auction was deferred due to imposed lock-down.


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