Odisha Mining Corporation (OMC) has scheduled an auction for 900,000 t of iron ore – 494,000 t fines (Fe54-64%) and 409,000 t lumps (Fe62%) on 16 Mar’23. OMC has increased the base price for fines by INR 1,050/t and has rolled over prices for most of the lump lots except two by up to INR 650/t compared with the auction held on 17 Feb.
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