Author: P Anjali
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India: OMC iron ore fines auction receives good response, lumps’ demand weak
State-owned miner Odisha Mining Corp (OMC) had scheduled an e-auction for iron ore fines and lumps today (17 Dec’21). Around 340,000 t of iron ore lumps and 687,000 mn t of fines were put up for auction from OMC’s mines. The miner had cut the base price for fines by up to INR 650/t and…