Author: Alok Thakur
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India: OMC Iron Ore Fines Prices drop up to INR 400/MT
Orissa Mining Corporation (OMC), a state owned Iron ore miner, received bids lower by INR 200-400/MT in Q4 FY14 owing to falling iron ore prices in global market. OMC which had floated a tender for sales of around 131,000 MT Iron ore fines for Q4 FY14, having Fe content between 54% to 62% on 7 Feb, 2014 from…