OMC has scheduled its next iron ore fines e-auction today (3rd July’20). The auction is being conducted for 370,000 t iron ore fines and the base price of the material offered remains stable as against the last fines e-auction conducted on 30th Apr’20. The base price for material offered from Koira mines is at INR 1,200/t, for Daitari mines is at INR 1,600/t and INR 2,000/t. For Gandhamardan mines floor price is at INR 1,150/t and INR 1,500/t.
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