Odisha Mining Corporation (OMC) had scheduled an iron ore fines auction on 15 Mar’22 in which out of a total of 1.147 mn t of material, 1.145 mn t (99%) received bids. The miner has raised the base price for fines by upto INR 450 against the last auction on 16 Feb’22 and that for lumps has been increased by upto INR 1,500/t.
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