Orissa Minerals Development Company (OMDC) auctioned 40,000 t of iron ore fines from its Bagiaburu mines in Odisha on 26 May. Of the total volume, only 12,000 t of fines (Fe 45-51%) were booked at the base price of INR 900/t, while the remaining quantity was unsold. Prices are on ex-mines basis and inclusive of royalty, DMF, and NMET.
Leave a Reply