At Odisha Mining Corporation’s (OMC’s) iron ore fines auction today, 5,74,000 t put for auction and 5,59,000 t, or 97% of the total quantity received bids. The bid price for fines increased by up to INR 1,100/t against the last auction on 17 Jan’23. The company has raised bid prices by up to INR 1,100/t over base prices.
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