Author: Monika Bajaj
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India: OMC Iron Ore Lump E-auction Receives Dull Response
Nearly 20% of the offered quantity managed to fetch bids. Odisha’s state-owned miner- Odisha Mining Corporation (OMC) had scheduled its iron ore lump e-auction today (28th Apr’20). Out of the total quantity of 243,500 MT only 45,000 MT received bids. Bids were received at base price set by the miner. The iron ore lumps (10-40…