Author: Monika Bajaj
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India: Iron ore lump prices hit record high in OMC’s auction
State-owned Odisha Mining Corporation’s (OMC) e-auction for 619,000 t of iron ore lump was concluded at an average of 42.8% over the set base price and entire quantity offered got booked. The state-owned miner had increased the quantity to be put under the hammer to 619,000t against 522,000 t declared on 25 May’21, as per…