Author: Indranath Jha
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India: Only about 2% of material sold at OMC iron ore fines auction
At Odisha Mining Corporation’s (OMC) iron ore fines e-auction today, only 20,000 t of material got sold at the base price out of a total of 902,000 t on offer. The miner had earlier lowered base prices for different grades by up to INR 1,000/t compared to the previous auction on 23 Aug’21. At the…