India: 68,000 t of iron ore booked at IDCOL’s iron ore auction from Odisha

State-owned Industrial Development Corporation of Odisha Ltd (IDCOL) had scheduled an auction on 30 Nov’22 for sale of iron ore from its Roida ‘C’ iron and manganese mine in Keonjhar, Odisha. According to market sources, 68,000 t of fines (Fe58-60%) were booked out of 99,635 t at the base price of INR 2,500/t ex-mines. Meanwhile, the lumps lot (5-18mm, Fe62-65%) remained unsold. Prices include royalty, DMF and NMET.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *