State-owned Industrial Development Corporation of Odisha Ltd (IDCOL) had scheduled an auction on 14 Jul’22 for sale of iron ore lumps from its Roida ‘C’ iron and manganese mine in Odisha’s Keonjhar district. According to market sources, the entire quantity of 21,620 t of lumps (5-18mm, Fe62-65%) was booked at around INR 7,250/t against the base price of INR 6,500/t (including royalty, DMF and NMET).
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