OMDC conducted an auction for 46,004 t of iron ore. According to sources,
- 40,000 t of fines (Fe 58-60%) were booked at INR 2,220/t against the base price of INR 2,200/t from Bhadrasahi mines.
- Another auction from Bagiaburu mines for 3,997 t of screened fines (Fe 51.44%) and 2,007 t of CLO (Fe 60.80-62.34%) received no bids.
- Prices are on FOT basis, exclusive of royalty, DMF and NMET.
