OMDC has scheduled an auction for 12,397 t of iron ore from its Bagiaburu mines in Odisha on 16 Oct’24. 8,401 t are CLO (10-40 mm, Fe 58%) and 3,997 t are fines (Fe 51.44%). In its previous auction on 26 Sep’24, around 7,505 t of CLO (10-40, Fe 58.42-60.24%) were booked at INR 3,250-3,570/t. Prices are ex-mines, inclusive of royalty, DMF and NMET.
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