Odisha’s state-owned miner- Odisha Mining Corporation (OMC) had scheduled iron ore e-auction today (10th Mar’21) for 882,000 t iron ore fines. According to sources report to SteelMint, around 86% (760,000 t) of the offered quantity put to auction was booked. Bids fetched in today’s auction were closed to the base price, however, they fell sharply by up to about INR 1,200/t against the last e-auction conducted on 7th Jan’21 on improving supplies.
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